Method Two

I often verify my logic by using a second method for calculating outcomes, so I did that in figuring the impact of a 107% increase on wages, using total costs rather than unit costs.

The blue numbers at the bottom of the first column are arrived at from the table provided by the D&T accounting firm. The red numbers are calculated based on actual numbers arrived at from the Reality & Sanity accounting firm located in my residence. It is by no means surprising that this method also arrived at a 42% price increase.

I'm not saying I oppose raising the minimnum wage to $15, but let's be honest about the effects of doing so.