Minimum Wage and Fast Food
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This paper discusses the effect of the minimum wage on the fast food business, particularly McDonald's. The paper asserts that the effect is largely positive. because it enables the company to attract good workers.
From the Paper:"The fast-food business has some basic requirements that the minimum wage affects--competent workers, low costs and full employment to cover its positions. Wages are a critical factor in any economy and the minimum wage can make a difference between an income that stretches far enough to feed the family and one that doesn'.t The fast food industry in particular is affected by the minimum wage because it depends on low-wage workers to make a profit."
Cite this Research Paper:
Minimum Wage and Fast Food (2008, December 01) Retrieved April 21, 2021, from https://www.academon.com/research-paper/minimum-wage-and-fast-food-122459/
"Minimum Wage and Fast Food" 01 December 2008. Web. 21 April. 2021. <https://www.academon.com/research-paper/minimum-wage-and-fast-food-122459/>