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eonwe
639 days ago
Could there be other explanations here? Like marginal cost of one taco when there might be less customers?
2 comments
lotsofpulp
639 days ago
Also, higher labor prices, since labor is also a pretty big component of cost in the restaurant business.
That’s why SoCal has the highest land prices, but not the highest priced food at restaurants.
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mhuffman
638 days ago
Wouldn't that also apply in places like NYC and LA? Where the enormous traffic volume offers lower marginal costs?
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That’s why SoCal has the highest land prices, but not the highest priced food at restaurants.