4 ms·
> More people dining means more profit probably. I gave a precise argument to why I think tips do not increase demand for the service - most people in the US,
by arcturus17 5y ago
> More people dining means more profit probably.
I gave a precise argument to why I think tips do not increase demand for the service - most people in the US, regardless of wealth, pay at least the minimum tip.
GP's argument that there is a substantial price segmentation would only hold if poorer people did not pay the tip.