Suppose, for conversation sake, the minimum wage goes up to $10 /hr.
What would you guess would be the price of a Big Mac?
a) the price of a small horse
b) $10 to match minimum wage
c) $25
d) go from $2.50 to $2.55)
or
e) would McD raise it to $3.50 just because they could -- like insurance companies did with HC the past 2 1/2 years