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PaperclipPerfector  8mo ago (text post)   3258 thread views

Friday Fun Thread for March 22, 2024

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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I agree there are some inefficient markets with deceptive pricing schemes, network effects that create effective monopolies etc. but the idea that this applies to food of all things is absurd. Yes, Wendy’s/McDonald’s are both highly priced now, so as a consumer I simply eat them less. I quite like fast food and if a quarter pounder with fries and a drink was $6 I would probably go to McDonald’s frequently when I didn’t feel like cooking, but it’s $12.29 (just checked) so I’ll get pizza for $2/slice instead

I quite like fast food and if a quarter pounder with fries and a drink was $6 I would probably go to McDonald’s frequently when I didn’t feel like cooking, but it’s $12.29 (just checked)

They frequently have coupons built into the app you can use. Also, often the drink prices are very inflated- you can save a couple bucks easily by using a reusable water, even if you just fill it with soda you bought at the grocery store.

Restaurants are if anything, a great example of competition keeping prices low. Most restaurants have terrible profit margins and many of them fail.

Other good examples of industries with high competition and crummy profit margins - airlines, supermarkets.

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