• Studies of the impact of minimum wage increases on restaurants’ operating costs find that an increase of 10 percent in the minimum wage increases operating costs by about 1 to 2 percent.
• Researchers find small one-time price increases in the restaurant industry (of about 0.7 percent following a 10 percent minimum wage increase), but not in other industries.
from "University of California, Berkeley study: Who Would be Affected by an Increase in Seattle’s Minimum Wage?" which is one of the two pieces of research commissioned in the development of the Seattle ordinance.[1] The research explored empirical evidence provided by similar minimum-wage increase ordinances in other cities. (9 total, I believe, including San Francisco.)
• Researchers find small one-time price increases in the restaurant industry (of about 0.7 percent following a 10 percent minimum wage increase), but not in other industries.
from "University of California, Berkeley study: Who Would be Affected by an Increase in Seattle’s Minimum Wage?" which is one of the two pieces of research commissioned in the development of the Seattle ordinance.[1] The research explored empirical evidence provided by similar minimum-wage increase ordinances in other cities. (9 total, I believe, including San Francisco.)
[1] http://murray.seattle.gov/wp-content/uploads/2014/03/UC-Berk...