You are a manager of a large but privately held online retailer that currently uses 17 unskilled workers and 6 semiskilled workers at its warehouse to box and ship the products it sells online. Your company pays its unskilled workers the minimum wage, but pays its semiskilled workers $7.75 per hour. On January 17, 2007, you read an article in The Wall Street Journal reporting that the House of Representatives passed (by three to one margin) legislation that would increase the minimum wage from $5.15 to $7.25 per hour over two years. Discuss the implication of this legislation on your company's operations and in particular the implications for your optimal mix of inputs and long-run investment decisions.