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Question: As a business executive, you are asked to develop plans because of a newly passed 10% increase in the minimum wage for each of the next three years. What would you recommend if your company is in the following businesses?

(A) Manufacturing auto parts.

(B) Taxicab services.

(D) High-priced restaurant chain (e.g., steak house).

(E) Lumber mills.

(F) Management consulting.

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