2 ms·
What do you think will happen when the chains beat out the smaller restaurants due to economies of scale? They will raise prices because there are no competito
by pcmoney 5y ago
What do you think will happen when the chains beat out the smaller restaurants due to economies of scale?
They will raise prices because there are no competitors and lower wages because there are no alternatives. They will collude. They will extract the maximum economic value out of every community that they are in. Enjoy your nothing