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Economics textbooks tell us that the prices vary according to market law of supply and demand, if a rise in commodity prices, the demand in the market will naturally diminish. The implementation of the minimum wage would pay the price, the market demand for workers be reduced.

Economics textbooks only provide a static, abstract theory, not taking into account the dynamic analysis, but also ignores the reality on the buyer and seller of power imbalance. Traditional economics assumes that both buyers and sellers in a peer-to-peer relationship, so that any transaction will benefit both sides. However, unless there are strong trade unions to back us up, or the seller (of workers) in general is difficult with the buyer (the employer) bargaining. At present, particularly the grass-roots level of unemployment remains serious cases, employers have enough power monopoly in the labor market prices. As a result, the establishment of the minimum wage will only present the market distorted phenomenon to be correct and will notLead to reduced demand for workers.

The economic textbook tells us, the price is decided by the market d demand, if so an item of commodity's price rise, it can reduce naturally in the market demand. Will implement the minimum wage the wages price rise, in the market will therefore be reduced to worker's demand. The economic textbook has only provided a static state, the abstract theory, has not had takes into consideration social the dynamic analysis, has neglected in the reality the buyer and the seller authority not balanced relations. The traditional economic hypothesis, the buyer and the seller two sides are in the coordinated relations, any transaction will be benefitted both sides. But, only if has the formidable Labor union organization to make the backing, otherwise the seller (worker) (employer) bargains back and forth with difficulty radically generally with the buyer. The special present Hong Kong basic unit unemployment in the serious situation, employer's authority sufficiently had still monopolized the labor market the price. Therefore, sets up the minimum wage is only the market phenomenon which twists is corrected the present, will not bring about to worker's demand to reduce.