The Government Mandates a 15 Dollar an Hour Minimum Wage for Your Lemonade Stand

If the government mandates a 15 dollar an hour, minimum wage for your lemonade stand then what happens? Well, now let's say your one employee makes ten dollars an hour, has to make 15. So now you're only making roughly 20 dollars an hour, right? From your er or your clients were coming in. You ware turning away five. So now they want you to hire a second employee, which would cost you 30 dollars an hour in labor, 25 dollars an hour in revenue. My very simple math tot check me if impola do would mean you'd be losing five dollars an hour selling lemon that's right. Gan, yes. Is my math aue. It's