What is the impact of increasing the minimum wage on your organization/industry? Discuss pros and cons of minimum wage from the perspective of individual firms, consumers, and employees within the industry. If the minimum wage is not binding (i.e. the wages are higher than the current minimum wage), discuss the likely consequences of increasing the minimum wage. Provide business recommendations.
1500 words max, including tables and figures. You can pick your preferred referencing style and there are no special format requirements. Bullet points are not the best way to express an argument. Don't waste your word limit on the executive summary or table of contents.
The main criterion that your work has to satisfy is the depth of economic argument. The argument also has to communicated well, but the style, form, and content are entirely up to you. Best arguments are those that provide sufficient details about the operations of the organization/industry, supported by evidence. You are welcome to use scientific studies to support your argument as well, though it is not a requirement.