If a Fast Food Restaurant Was One of Many Hiring

Multiple Choice

If a fast food restaurant was one of many hiring workers, the minimum wage was $7.25 an hour and it was paying $8.00 an hour to attract workers, a cut in the minimum wage to $5.00 an hour would cause them to

A) lower their offering wage to $5.00 an hour.
B) raise their offering wage to $9.00 an hour.
C) do nothing differently.
D) pay $7.25.