Quote (theCrossbones @ Mar 6 2021 12:32am)
why does the cashier's wage effect the price of BigMac, & fries, but not the CEO, VP etc.?
Decisions made in management are made to improve the company's bottom line generating more value for the owners.
Arbitrarily raising costs via a minimum wage hike increases costs without increasing the value generated by the labour of the cashier and the business needs to find ways to offset the increase in costs so you're looking at layoffs or price hikes.