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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (919407)	2/5/2016 9:00:13 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 1575424

One would expect higher prices. I'd also expect most decent human beings to disregard no-tip policies. If you raise MW by a buck/year, until it hits $15, you'll have to increase the price of a Big Mac by about 3 cents a year. To get to $10.10, I'd go to $8.80, then to $10.10, a year or 18 months apart; adjust burger prices accordingly. "If the minimum wage were increased to $15 an hour, prices at fast food restaurants would rise by an estimated 4.3 percent, according to a new study. That would mean a McDonald’s Big Mac, which currently goes for $3.99, would cost about 17 cents more, or $4.16." thinkprogress.org Here's a hint for $15; raise prices 20 cents on year one, with a suitable political announcement of your choice, collect a lot of extra money until wages catch up, and you'll still be making an extra 3 cents, cuz you only needed 17. When you get year's most profitable franchise, be sure to thank Rat in your acceptance speech.