Amazon's Wage Hike Could Be 0.001% of Its $1 Trillion Market Cap

What was the reaction of Amazon employees in the US and UK to the wage increase announcement?

• They demanded more benefits.

• They cheered and clapped.

• They protested against it.

• They were indifferent.

What was one of the political pressures that influenced Amazon's decision to raise wages?

• A competitor's wage increase.

• A petition from Amazon employees.

• A new federal law mandating higher wages.

• Bernie Sanders' criticism of low wages.

How did the tightening labor market affect Amazon's wage decision?

• It increased the need to offer competitive wages.

• It made it easier to hire workers.

• It had no effect.

• It led to a decrease in employment rates.

What is the estimated cost of the wage increase for Amazon?

• $500 million

• $60 billion

• $1 billion to $2 billion

• $10 billion

How did the wage increase impact Amazon's share price?

• It fell by a little more than 1%.

• It doubled.

• It remained unchanged.

• It increased by 10%.