California Unions Want a Wage Increase for Fast-Food Workers
Unions want a $0.70 raise to $20.70. Demand curves slope downward. Costs increase and supply decreases. Price increases and output drops. Continue Reading →
Tag Archives: fast food
Yet Another California Minimum Wage Update
California’s $20 fast-food minimum wage has another data point and an interesting statistic from the Legislative Analyst’s Office. Continue Reading →
Update On the $20 Fast-Food Minimum Wage
if a firm raises price for a product, the quantity demanded will fall. This leads us to an update on the $20 fast-food minimum wage. Continue Reading →
Newsom’s Office Screwed Up Big-Time
Many of the businesses included in the “Limited-Service Restaurants” category are not fast-food restaurants. Delis? Family restaurants? Continue Reading →