There is an expression that a company can do well by doing good. Is that what happened in this case? Explain.

What do you think was the motive for increasing minimum pay to $$70,000?$ Was it altruistic? Was it a business decision? Does it have to be one reason or can it have been done for multiple reasons?

Why were some critical of the idea? Do you agree or disagree? Explain why.

Dan Price was disappointed that not many other companies followed his example. Why do you think that is$?$ What would be your advice to other companies about raising minimum pay to $$70,000?$