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To: Blue House Sue
Do prices rise when corporate executives receive large raises and reach income levels in the millions of dollars per year?

Not when corporate executive compensation is a tiny percentage of total corporate revenue.

Meanwhile, resteraunt labor costs, depending on the type of eatery, can range from a low of 25% to a high of 40%, meaning every dollar increase in labor cost directly leads to a significant increase in menu costs.

https://smallbusiness.chron.com/common-food-labor-cost-percentages-14700.html

20 posted on 01/31/2019 7:33:20 AM PST by PapaBear3625 ("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
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To: PapaBear3625
This is way your diner costs $0.25 more. The owner bought a new one of these.


22 posted on 01/31/2019 7:36:25 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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