You are comparing apples and oranges. Products are not subject to a minimum wage, because a wage is a price for labor, not products. And nobody sells their services for less than the minimum wage, because to do so would mean that I have a company with 100 window washers who make minimum wage, and you hire one of them and pay me less than I pay the window washer. Nobody does that. Not anywhere. The second sentence in your question: Answer is yes. Consider two Henries, Henry Royce and Henry Ford. Henry Royce sold a few cars for high prices and a very high profit, and he died with a small fortune. Henry Ford sold 15 million cars for low prices and a very small profit, and he died a billionaire.

I actually know that most Multiplayer Centers/Internet Cafes (especially EZ2Cafe company) in Miami sell their per hour rate lower than what they are required to pay their employees. At best the minimum wage employee still puts the owner at a lost. I was told by one of their managers that I was right they do not make profits, because of their low per hour rate. I was hoping to team-up my small business with as many multiplayer centers as I could, but only one-multiplayer center/Internet cafe charges an hourly rate to surpass minimum wage cost of each employee. The only way I could understand a way to overcome the net lost per hour is to hire as few minimum wage employees as possible and get in at least twice as many customers as minimum wage employees. Of course, I know that no benefits and just minimum wage pay is ridiculously insulting to an employees, I would desire to employ; thus I assume I would have to get at least four-times as many customers as paid of minimum wage and benefits receiving employees. With asking my questions I was hoping someone would have another cheaper and easier solution(s) (since in Jan. '2007 will be my first-year as the small business creator/owner, let alone creating a brand-new industry) to this dilemma. By the way Grandma Roses is a hundred percent correct about your second answer.

Beware the corporate executive who, when told he was selling items below cost replied "Oh yes, but we make up for it in volume !"