• but: reduces marginal profit
    • because: increases production costs
  • but: excuse to lower wages to minimum wage
    • because: Some employees may then not willing
    • but: market forces prevent this
  • because: regulating market
    • because: increase economic efficiency
      • because: balances power
        • because: regulates basic salary
      • because: market failure
        • because: unbalanced power
          • because: supply exceeds demand
    • but: self-defeating
      • because: perfectly competitive market
      • because: distorts market harmony
        • because: increases unemployment
          • because: creates surplus labor
            • because: frustrates willingness to hire
              • because: increase production costs
            • because: produces more willing labor
          • but: insufficient, but necessary
            • because: other supporting policies
    • but: redundant, even harmful
      • because: demand meets supply
        • because: no collusion exists
  • because: raises workers' status
    • because: protects from exploitations
      • because: prevents reduction of wage
    • but: min. wage worker undignified
    • because: increases living standard
      • because: workers earn more
Minimum wage is a must for a healthy market economy
  • but: less efficient
    • because: more deadweight loss
      • because: case of alternate policies
      • because: case of minimum wage
        • but: univeraal minimum wage
  • but: increases price level
    • because: increases price of goods
      • because: increases production costs
  • because: increases public resources
    • because: decreases public expenses
      • because: burden shifted
  • because: social justice
    • because: guarantees basic necessities
      • but: it depends on the level
  • because: stimulates consumption
    • because: increases income
      • but: prices will go up so standard of living won't
  • but: restricts market freedom
    • because: employers' case
    • because: workers' case
      • but: Restricts exploitation
  • but: reduces competitiveness
    • because: increases price of products
      • but: With minimum wage, the salary ,of workets is overstated. This will ,increase the production cost and lead
      • because: increases production costs
  • because: administratively simple
    • but: only some disputes
      • because: egnon-minimum wage strike MLB
  • because: increases incentive