How could Amazon decide to raise its minimum wage to $15 per hour, despite the federal minimum wage being fixed at $7.25 per hour?

Prior to beginning work on this discussion, read Chapter 12 in your textbook and Jared Bernstein’s article Amazon’s Raise: Unequivocally Good News (Links to an external site.). Based on the article’s information and Chapter 12 in your textbook, respond to the following: Why is the demand for labor called a derived demand? In the labor […]