Opponents of an increase in minimum wage use all of these arguments EXCEPT:
A) Increased wage costs to employers make it difficult to compete globally.
B) Increased wage costs to employers reduce profitability and may reduce competition.
C) Increased wage costs to employers would reduce the number of employees hired.
D) Increased federal minimum wage isn't necessary because many states already have higher minimum wage laws.
E) The U.S.already has the highest minimum wage among industrialized nations.
Correct Answer:
Verified
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