There are certainly pros and cons to increasing the minimum compensation that workers in the state are legally required to receive. It's really easy to see the worker's point of view, but we can also understand that "the cost of doing business" can't exceed a company's ability to make ...
(ii) Pros and cons. (iii) Trial and error. (iv) Cause and effect. If all decision makers take prices that are given, who (or what) changes prices? The opportunity cost of something you decide to get is: A. the amount of money you pay to get it. B. the highest valu...