Increasing the Wage, part 2



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An updated table from the previous post plus two more scenerios.

bread / hour labor / hour profit / hour bread earned / hour bread earned / profit unaffected / hour unaffected bread earned / hour    
$1.00 $0.50 $0.50 0.50 0.50 $5.00 5.00 increase in labor  
$1.00 $1.00 $0.00 1.00 0.00 $5.00 5.00 $0.50 no increase
$1.50 $1.00 $0.50 0.67 0.33 $5.00 3.33   same $ increase
$2.00 $1.00 $1.00 0.50 0.50 $5.00 2.50   profit same $
$2.00 $1.00 $1.00 0.50 0.50 $5.00 2.50   profit same %
bread / hour labor / hour profit / hour bread earned / hour bread earned / profit unaffected / hour unaffected bread earned / hour    
$1.00 $0.25 $0.75 0.25 0.75 $5.00 5.00 increase in labor  
$1.00 $0.50 $0.50 0.50 0.50 $5.00 5.00 $0.25 no increase
$1.25 $0.50 $0.75 0.40 0.60 $5.00 4.00   same $ increase
$1.50 $0.50 $1.00 0.33 0.67 $5.00 3.33   profit same $
$2.00 $0.50 $1.50 0.25 0.75 $5.00 2.50   profit same %
bread / hour labor / hour profit / hour bread earned / hour bread earned / profit unaffected / hour unaffected bread earned / hour    
$1.00 $0.75 $0.25 0.75 0.25 $5.00 5.00 increase in labor  
$1.00 $1.50 -$0.50 1.50 -0.50 $5.00 5.00 $0.75 no increase
$1.75 $1.50 $0.25 0.86 0.14 $5.00 2.86   same $ increase
$2.50 $1.50 $1.00 0.60 0.40 $5.00 2.00   profit same $
$2.00 $1.50 $0.50 0.75 0.25 $5.00 2.50   profit same %

Again, here’s the excel I used to make the tables.

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