Quote (bogie160 @ Jan 18 2021 02:14pm)
The margin for food at restaurants is incredibly small, it goes without saying that a sharp increase in the cost of labor is going to result in some mix of higher prices, labor efficiencies, and reduced profit for the fast food corporation.
The current price difference on a big mac between actual and final product is 4x, chicken wrap is 5.75x, apple pie is 4x, egg mcmuffin is 4.5x, hotcakes is 8.25x
I think they'll live.