Which of the following type of firm would be most affected by minimum-wage legislation?

Question

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A fast-food restaurant would be most affected by minimum-wage legislation as they typically employ a large number of low-skilled workers who are paid minimum wage. An increase in the minimum wage would directly impact their labor costs and profitability. The other types of firms mentioned may have some employees who are paid minimum wage, but it would not have as significant of an impact on their overall operations.

Which of the Following Type of Firm Would Be Most