Below are views for and against the increase of minimum wage in a slow economy. Which conclusion can be drawn from the views?

A) slow economy puts strains on both small business owners and employees.

B) slow economy puts more strains on small business owners than on employees.

C) slow economy puts less strain on employees and small business owners.

Below are views for and against the increase of minimum wage in a slow economy Which conclusion can be drawn from the views A slow economy puts strains on both class=

Respuesta :

Answer:

A.  slow economy puts strains on both small business owners and employees.

Explanation:

In a slow economy, most business entities in a country will experience a decline in revenues. Average price of products will typically be higher as an effort by the sellers to maintain their profit margin.   If we connected this situation with the argument about whether or not we increase the minimum age, we will face two possible scenarios :

1st: If we force the businesses entities to pay higher minimum wage when their revenue is declining, their only option is probably to either let go some of their workers or shut down their workplace completely.

2nd. If we force the employees to handle the rising prices without an increase in minimum wages, they wouldn't be able to fulfill their basic needs.

From Both scenarios , we can conclude that slow economy puts strains on both small business owners and employees.

Answer:

slow economy puts strains on both small business owners and employees.

Explanation: