Tip:
Highlight text to annotate it
X
simon's new at the factory
if you ask him
he'll tell you it's a lousy job
he has to sleep up in carry things around
peony ends three dollars an hour
even said simon's affairs liking him
julia tenant is he sees himself right now
ablaze wages london
simon appreciates the independent sick its him
next week jill and how to use a farming machine
homemade things more interesting
have
that's eka he and the factory
the anything he really cares about is making profit
after what the fed to pay his work is a tiny fraction of their current leeches
to keep more money for himself
pitino is that didn't work
healthcare is in competition than any other business units
they'll need a steady supply of human labor
when deciding whether or not to trade with an employee
blankets consider wages but also working conditions and other benefits
if actors office on two tracks of enough
work is when selling the lady he needs to run his factory
so a lot to me
and gaa ends up paying market prices for the lady he buys
in another part of town there's a celebration
this group is concerned citizens just got a minimum wage low cost
they were polled demise of the employers like at camp
could get away with paints a veto two black contract signing
any minimum wage
as nine dollars an hour
unfortunately
this doesn't mean that everyone in the town went out alan nine dollars o'neal
the already so how the existence of competing buys of labor influences the
lower limit amortized k can get away with pains workers
the apple event on what to ask you a pay anywhere in ca
is the amount of extra revenue he expects that way because labor
will create for him he given period
in other words
employers way knowing you pay workers mall any extra income they generate
they've been using money take attacked
so what does the introduction of the minimum wage for your main for the
wackiest excuse factory
vicki's work generates twenty three dollars an hour for akka and high-wage
is fifteen dollars an hour
every hour that they can work for xterra
he's left with an extra eight shows
after he's paid her wage
because the keys wage is higher than nine dollars an hour
in you know
doesn't affect her directly
books labor at the factory
generates ten dollars an hour ekdam
and his wage is eight dollars an hour
after paying boats wage
edgar is left
being extra
to dust
every hour that bob has what
but because paul to wage is left in the the minimum
edgar wants to keep him on we'll have to pay him more
anti-cancer late aditya raises bob's wage
to the new minimum of nine judges he'll still be gaining one extra donna for
every hour of parts labor
off the is greatest intake
other edcula profit less from employees and bob at nine dollars instead of eight
and it's a profit is better than none
soap up kids arrays
the communal is bad news for signing
signings labor generates out any full of dollars an hour for extra
the nine donna minimum wage
is five times more than that
they'd be losing five dollars an hour by keeping simon on
i can unique a minimum
society and i think it's a raise
instead
he loses his job
is irritated
the minimum wage means
petite influence to stay in business
he has developed the machines
student wacko unskilled laborers blacks i mean we're doing
only estimate production to another country
my minimum wage bill as aren't a problem
antibodies
buddies of these options are less profitable for him
employing nine co-workers
analyzed he wasn't of high excitement
assignment the applicant speak
losing his job we've been back enough
than the minimum wage continues to disadvantage him even while he's
unemployed
because he's young
and doesn't have much experience it's likely by the extra revenue signings
labor would create any employer would be denied
potential employers expect to lose money
hiring simon
at a minimum wage
so they turned on his applications
simon was kind of his factory jobs even with its low wage he hopes to go dot
experience
which had racist predicted bt and give him a chance to leave to better paid and
most satisfying work
but then you know prevented from doing soon
this is why the minimum wage has been described as removing the bottom rungs
from the economic ladder
when we see sation interactions that seem on track
one response is to demands to the behavior we disapprove of
p outlook
that we should keep in mind this kind of intervention
has unintended consequences
some people suspect pepper hey pitching voluntary exchange often does more harm
than good
they believe
the proper function of the law
is to discourage the initiation of
proves michigan create is prevent people during the attack to peace and improve
their lives
will websites for some of these times if you're interested in anymore