The minimum wage policy will cause more negative effects on people. Some people argue that minimum wage policy increases workers' productivity since the higher wage makes people more willing to find jobs and stay at their job positions. However, it will also create dead weight loss and inefficiency. Based on the graph shown below, minimum wage is set above market equilibrium price, functioning as price floor. Since the current wage is higher, employers that are willing to hire workers at a lower price are not going to offer jobs; the total surplus therefore decreases and as the benefit doesn't go to anybody, dead weight loss is created (represented by the shadowed area in the graph). In addition, even though people who support minimum wage
