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McDonald's prices go up in response to increased costs for things like beef and regulatory compliance (insurance for when someone sues them for hot coffee), not
by the_watcher 13y ago
McDonald's prices go up in response to increased costs for things like beef and regulatory compliance (insurance for when someone sues them for hot coffee), not to mention simple inflation. McDonald's would happily sell burgers for $1 if the economics remained the same as they were back when they did.
- grecy 13y agoExactly. They choose to increase prices rather than decrease profits even a fraction.
- the_watcher 13y agoThat's unrelated to the statement I addressed. If McDonald's could pass savings on to their customers and keep the same profit margin, thus selling more burgers, and generating a higher total profit, they would.