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re: Cafe owner charges Min Wage fee in response to increase, libs irate
Posted on 8/7/14 at 8:49 am to Chimlim
Posted on 8/7/14 at 8:49 am to Chimlim
quote:The owners to happily make less money. Or even unhappily, but they expect that the increase will be at the owners' expense.
Just what did they expect when they force businesses to increase their main cost? (Employee salaries)
0
Posted on 8/7/14 at 8:51 am to DelU249
quote:
actually, if he were smart and deceitful like that (like rex) he would do what asgard just did.
I don't have a problem with what Asgard said. The guy putting the difference out there like that lets people see what putting their money where their mouth is will cost them, and for Asgard, it seems to be within what he will choose to bear. I'm sure alot of people who say such things as "I'd gladly pay more" are full of shite, but I'm also sure that some aren't, otherwise things like Fair Trade coffee wouldn't exist
Posted on 8/7/14 at 8:51 am to Old Hellen Yeller
quote:
Childish.
You guys just don't seem to understand how things work in the real world.
Posted on 8/7/14 at 8:55 am to 90proofprofessional
Talk about elasticity all you want but the restaurant isn't in a vacuum. Their competitors are in the same boat and food is not very elastic. For some reason even poor people demand food.
Posted on 8/7/14 at 8:58 am to 90proofprofessional
I know that the restaurant industry has very elastic demand...a rise in prices can wipe a business out. figuring it as an incremental tax is not only genius (because consumers won't blame him), but it also saves time. Instead of sitting down and doing math, he just figures what percentage of the increase cost he will bear (probably the majority) and passes the consumer's on in the form of a tax. Why sit there and reprice everything, reprint, etc. AAAND have all of your customers bolt the moment they see a price hike.
Posted on 8/7/14 at 8:59 am to mmcgrath
quote:Staff doesn't get paid by the hamburger.
It's a 35 cent flat surcharge on every bill (1 hamburger same as 20), so I don't see how it relates to the minimum wage.
Posted on 8/7/14 at 9:00 am to Asgard Device
quote:
Their competitors are in the same boat and food is not very elastic.
All those competitors are also competing with customers eating food at home. The decision to eat out vs cook/ microwave something is more elastic
edit for clarity
This post was edited on 8/7/14 at 9:07 am
Posted on 8/7/14 at 9:06 am to Asgard Device
quote:
food is not very elastic
are you fricking kidding me?
1. there are infinite choices (suppliers)...I'll let that play out in your head.
2. Dining out =/= food. The industry demand is itself moves wildly, which is why restaurant managers will put up with ungodly amounts of shite from anyone who steps through their door...one bad review. one bad story. one change in price.
3. The restaurateurs aren't all colluding with how they will handle the increased burden. There is an advantage to be gained
Posted on 8/7/14 at 9:10 am to HailHailtoMichigan!
quote:
Who the hell can't afford a 35 cent increase?
People earning minimum wage?
Posted on 8/7/14 at 9:52 am to Asgard Device
quote:
Talk about elasticity all you want but the restaurant isn't in a vacuum. For some reason even poor people demand food.
In fairness, there is a huge market for substitute products to any restaurant at your local Kroger or Whole Foods. Restaurants have to compete with your home kitchen and with each other.
Grocery stores, especially the larger chains, will be less impacted by a hike in lower tier wages since the labor involved with prepaing their food in your home isn't really paid a wage....unless you are an OT baller with an in-house chef.
So that little mom and pop restaurant has to compete with the consumer choice to stay home as well as their competitors.
This post was edited on 8/7/14 at 9:57 am
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