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Old 06-07-2022, 12:04 PM
Rainger99 Rainger99 is offline
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The real issue is whether fast food places can survive if they are charging $9 for a Big Mac, fries, and a drink and paying $15.00 an hour for the help. Demand for restaurants is very elastic while demand for utilities, groceries, and gas is less elastic.

Restaurants risk losing customers who 'vote with their feet' amid inflation