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Critical Reasoning (CR) | Re: Teenagers are often priced out of the labor market by the

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jamifahad wrote:

I will try.
Premise: There is a certain government-mandated minimum wage. Let suppose $100. Company has to pay minimum $100 to everyone who works at company including teenagers.
Premise: Company says $100 is too much wage for a teenager. Company doesn't want to pay minimum wage i.e $100 to teenagers. Hence teenagers find themselves unemployed.
Conclusion: To curb teenager unemployment, author is suggesting that congress institute sub-minimum wage lets say $50 so that it is affordable for company

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