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Because a $15-Per-Hr Minimum Wage Might Create Economic Suicide for McDonald's

question 3

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Because a $15-per-hr minimum wage might create economic suicide for McDonald's as it would force them to raise prices for customers who like low prices, what action is least likely to result in a $15-per-hr minimum wage?


Definitions:

Incurs Costs

To undergo or suffer expenses during the execution of activities or operations.

Profit Center

A business segment or department within an organization that is responsible for generating its own revenue and thereby directly impacting profitability.

Responsibility Center

A department or unit within an organization that is accountable for specific activities and performance, with its performance measured against planned objectives.

Generates Revenues

Refers to the activities or mechanisms through which a business or organization brings in income.

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