Assess students' ability to apply supply-and-demand analysis to evaluate the economic and social impacts of raising the minimum wage to $15 in a specified local labor market. Scope: draw and interpret labor market supply and demand diagrams, conduct comparative statics for short-run and long-run adjustments, use elasticity assumptions to predict magnitudes, calculate changes in wages, employment, worker/producer surplus and deadweight loss for a provided numerical scenario, and discuss distributional and social outcomes (poverty, inequality, hours, informal work, and small-business viability). Require clear graphs, numerical reasoning, and policy justification.