Here’s Exactly How Much More Money You Will Spend on Fast Food If Workers Get $15 Minimum Wage

Ijreview ^ | July 31, 2015 | REID MENE

[Hojczyk]

Researchers at Purdue University’s School of Hospitality & Tourism Management recently asserted that if McDonald’s were to pay their employees $15 an hour, the cost of a ‘Big Mac’ would go up by 17 cents. According to the study’s findings, the proposed minimum wage hike would, in general, spike the average meal cost at a limited-service establishment to upwards of 30 more cents a visit:

Another option proposed by Ghiselli to accommodate the minimum wage increase would be to downsize menu items. For example, burgers would see a 12% decrease in size at most establishments.

[2ndDivisionVet]

Robot hamburger factory makes 360 Gourmet Burgers every hour...
http://www.freerepublic.com/focus/f-bloggers/3100817/posts

[BenLurkin]

Not neccesarily

[Hojczyk]

I think I will take the Robot and have my burger increase by 12 percent

https://www.youtube.com/watch?v=iQ_fSP3LGw8

[Vigilanteman]

I’d gladly pay an extra 17 cents for a Big Mac to get service without an attitude.

[trebb]

And I remember when a Big Mac was 39 cents and you could get one, with fries and a drink for under a dollar....

I would hazard that the prices would go up a bit more than what the author claims is "exactly the amount" though...

[Sparky1776]

Real answer = $0.00

[kosciusko51]

If you live in a state with In-N-Out, you can get a better burger with politeness.

[null and void]

I’d gladly pay an extra 17 cents for a Big Mac to get service without an attitude.

Sadly, it will be 17¢ more, with an even larger sense of entitlement on the side...

[TomGuy]

the cost of a ‘Big Mac’ would go up by 17 cents

Yes, but, with an across-the-board minimum wage increase, those increases would likely result in across-the-board price increases -- beyond fast food enterprises.

[odawg]

You beat me to it.

[null and void]

MUCH better burger, always quick, courteous, friendly staff, always a clean restaurant, and you’ll always feel welcome.

[kosciusko51]

Agreed. One of the very few things I miss about CA.

[null and void]

On the plus side, they finally got rid of the ‘you must be within 500 miles of corporate headquarters to open a store’ rule, and are spreading further afield.

An In-N-Out in Alabama can’t be all that far into the future.

[Freestate316]

The Double Double, camping out in Big Bear to pan for gold in Holcomb Creek, and camping out on Jumbo Rocks at Joshua Tree. Other than that, not a thing!

[Bob]

I’d like to see this study reviewed by Thomas Sowell or someone else of similar qualifications. There are just too many ways to structure a study in such a way that it produces a predetermined outcome. Michael Mann’s infamous hockey stick comes to mind.

[Freestate316]

Remember “eat at Burger Chef for a nickel and a dime”?

[COBOL2Java]

Another option proposed by Ghiselli to accommodate the minimum wage increase would be to downsize menu items.

[JoeProBono]

[broken_arrow1]

I’ll take two and a large order of fries!