Business Owners' Concerns About Minimum Wage Increase

Very Easy Critical Reasoning Identifying Flaws

A recent report suggested that increasing the minimum wage would lead to higher employee satisfaction and productivity. However, some business owners argue that this could lead to layoffs, as they may not be able to afford the new wages. From this argument, it can be inferred that the business owners believe that:

Higher wages automatically guarantee employee satisfaction.

Employee productivity would increase without the need for higher wages.

All businesses have the same ability to absorb wage increases.

Increased wages may result in job losses for some employees.

Hint

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