Study: $15 an Hour Would Not Increase Fast Food Prices Much

Washington — Would you pay 17 extra cents for a Big Mac if it meant the person who prepared it could earn a living wage? What about an extra 30 cents each time you ate out at any fast-food restaurant? These are the small prices we would have to pay on average to ensure that fast-food workers around the country earned an hourly wage of $15, according to a new study by researchers at Purdue University’s School of Hospitality and Tourism...

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