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I just want to point out something that I heard on NPR/Public Radio on my drive home the other night. Essentially the studies that have been done around Seattle
by dlp211 9y ago
I just want to point out something that I heard on NPR/Public Radio on my drive home the other night. Essentially the studies that have been done around Seattle show that $15 was probably too high, but when it was raised to $11 it had no noticeable effect.
Now of course, confidence in the studies matter, and I am going to assume the worst and that these studies weren't conducted in the same manner. But if the above holds true, the implications are immense.
- aetherson 9y agoIt hasn't hit $15 yet. The current studies are on the increase to $13. The studies when it was $11 didn't show no noticeable effect, they showed mixed effects. Basically, at $11, the studies suggested that it produced losers and winners, and the winners slightly outweighed the losers.