(Last Word) Which of the Following Best Explains Why an Increase

question 2

Multiple Choice

(Last Word) Which of the following best explains why an increase in the minimum wage is more problematic for mom and pop restaurants than for big chain restaurants?

• A) Chain restaurants are exempt from minimum wage laws.
• B) Mom and pop restaurants have more difficulty attracting workers when wages rise.
• C) Mom and pop restaurants are more dependent on labor relative to chain restaurants.
• D) Chain restaurants have more monopoly pricing power and can more easily raise prices than mom and pop stores.

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A hand-held pointing device used to control a cursor in a graphical user interface for interaction with text, icons, files, and folders on a computer.

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