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"At that point, you're going to attract the delivery drivers who weren't willing to drive for $10/hr but are willing to drive for $11/hr or $12/hr or..etc." Bu
by pmoriarty 6y ago
"At that point, you're going to attract the delivery drivers who weren't willing to drive for $10/hr but are willing to drive for $11/hr or $12/hr or..etc."
But are there enough people who are willing to drive for $11/hr but not for $10/hr to balance out the ones already driving for $10/hr?
We don't know.
It's possible that all or most of those willing to be delivery drivers for $15/hr are already driving for $10/hr, and raising the wage to $15/hr won't have an appreciable impact on the supply of drivers.