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They're just increasing the prices of everything else. In earlier decades, restaurants used to sell their food at a near-loss because everyone had a couple of h
by jmcphers 11y ago
They're just increasing the prices of everything else. In earlier decades, restaurants used to sell their food at a near-loss because everyone had a couple of high-margin alcoholic drinks with their meal. When that started to go by the wayside, the restaurants had to increase the menu prices of the actual food. I expect we'll see the same thing happen if people stop buying beverages entirely, especially at fast-food restaurants where the soft drink is almost always the highest-margin element of the meal, making up for loss leaders like the "dollar menu".