It cannot be that raising the price floor of a good does not cause consumers to buy less of it, or substitute where possible. Employers rent the labour of empl

It cannot be that raising the price floor of a good does not cause consumers to buy less of it, or substitute where possible. Employers rent the labour of employees, and if their price floor is raised, it cannot have no effect on how much their labour is demanded - the equation has been tipped toward higher input costs. It may not have enough negative effect to cause any adjustments, but it must at the margins.