If a firm, by producing two more units of output can increase total revenue by $100, then the marginal benefit or marginal revenue per additional unit of output would be $50. This is computed by taking the change in total revenue divided by the change in output.
On June 12, 2015, the Oregon legislature passed Senate Bill 454, legislation that will require most employers with 10 or more employees in Oregon to provide employees with up to 40 hours per year of paid sick leave. As discussed below, Portland employers with six or more employees already must provide sick leave.
Oregon's minimum wage will increase 15 cents to $9.25 an hour in 2015, state labor officials announced Wednesday. The change arrives amid a national debate over the minimum wage. Starting Jan. 1, Oregon employers must pay workers at least $2 an hour above the federal wage floor. Oregon has the nation's second-highest minimum wage, behind only Washington. The rates in both states are tied to inflation, so they are adjusted every year in an attempt to keep pace with the cost of living.