Determine the minimum wage rate

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-If there are adults willing to work for you at the minimum wage rate, should you pay the minimum wage in order to maximize your profit (and shareholder returns), or a rate capable of providing a reasonable standard of living? Why?

-If your state mandated a living wage-sized increase in the minimum wage, which stakeholders would be positively impacted? Which would be negatively impacted? List out each of these stakeholder groups and give a short explanation (1-2 sentences) for each.

-How much more than minimum wage should a B-Corporation pay employees in order to get credit for ethical employee compensation? What factors should go into determining the "ethical" wage?

-Although living wage opponents often argue that the majority of people earning minimum wage are young (without dependents or living with their own parents), studies have shown that this is not necessarily true. How do education and class impact the living wage argument?

Reference no: EM133150456

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