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The debate surrounding the increase in minimum wages has been a hot topic for policymakers, economists, and the business community alike. While the primary intention behind raising the minimum wage is to improve living standards for low-income workers, this well-intended policy often has complex ramifications, particularly for small businesses and the broader economy. This article explores why and how raising …
Read More »Navigating the Ripple Effects: The Impact of Minimum Wage Increases on Small Businesses and Pricing
