Discussion Board 1 Please read the following article: Minimum Wage to Increase in California on January 1, 2023 then answer the questions. 1. How does the minimum wage increase in California to $15.50 by 2023 affect laborers and businesses amid the COVID-19 pandemic? 2. Is there a better way to compromise on a minimum wage? What should the wage be today? 3. What do you consider a 'livable wage' today in a spiraling economy, and how would you calculate that wage? 4. What is the opportunity costs of keeping wages at the same level as the federal government ($7.25 per hour)