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.
On March 2, 2016, Senate Bill 1532 was signed into law. As a result, Oregon's minimum wage will increase in steps through 2022. There will be three tiers of step increases, based on geography. The minimum wage in the Portland urban growth boundary will increase more than the minimum wage in the rest of the state. It is set to increase to $14.75 by 2022.