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Nonamiya [84]
3 years ago
11

Can somebody help me?? I am stuck on this!! Thanks

History
1 answer:
vaieri [72.5K]3 years ago
7 0
Please help me on my question if you can, thanks!!!
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At the beginning of 1994, Congress enacted a 10% increase in the federal minimum wage. At that time, Charlesville Hotdog and Bee
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The answer is D. The company's customer base is made up primarily of families that rely on minimum wage incomes.

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The increase in minimum wage increased the operating expenses of Charlesville Co. but the company reported record profits at the end of 1994. Hence, the company's recorded revenue at the end of 1994 must have increased. Among the choices, only D gives an indication for the revenue growth. If true, because the company's customer base got a higher income though a increase in minimum wage, they spent more money on Charlesville Co.'s products.

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