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Should companies such as Walmart and McDonald’s raise hourly wages of their employees?

In the paper, identify the specific microeconomics topic related to that problem, describe the variables associated with that problem, identify possible solutions to the problem, and evaluated the impact that their chosen solution will or could have on the problem and on the overall economy.
This written communication can include graphs, calculations, and narrative. It may also reference the economic laws and principles of microeconomics, and the interface between this problem and issues addressed in related fields of Social Science and Business studies.
The paper should reflect application of the scientific method, include footnotes where appropriate, and conclude with a bibliography. The paper will be at least 1,500 words in length and will be double-spaced, using a 12 point font

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