Scenario 1

Karissa has been working at her job in retail for three years. She's looking forward to the raise she'll be getting next month when the minimum wage goes up by $0.50. She plans to use some of the extra money to pay her bills and save the rest.

Scenario 2

Marta has owned her popular clothing store for 10 years. She prides herself on offering good service to all her customers. To achieve this level of service, she has always had five employees work in the store every day. She will have to increase the hourly wage she pays her employees next month when the minimum wage goes up. She is concerned about how she will come up with the extra money to pay her employees. She's trying to decide between two options: increasing the prices she charges for items and reducing the number of employees working in the store each day.

How do Karissa and Marta differ in their reactions to the increase in the minimum wage?

Question

Hensley

Mathematics

19 December, 20:08

Scenario 1

Karissa has been working at her job in retail for three years. She's looking forward to the raise she'll be getting next month when the minimum wage goes up by $0.50. She plans to use some of the extra money to pay her bills and save the rest.

Scenario 2

Marta has owned her popular clothing store for 10 years. She prides herself on offering good service to all her customers. To achieve this level of service, she has always had five employees work in the store every day. She will have to increase the hourly wage she pays her employees next month when the minimum wage goes up. She is concerned about how she will come up with the extra money to pay her employees. She's trying to decide between two options: increasing the prices she charges for items and reducing the number of employees working in the store each day.

How do Karissa and Marta differ in their reactions to the increase in the minimum wage?

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Answers (1)

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Dexter Campbell · Answer 1

Karissa is happy with the increase in minimum wage because she will be able to save some money. Marta, on the other hand, is worried because she has to choose between increasing the prices of her items and reducing the number of employees to compensate for the increase in the minimum wage.