News for hackers. Stuff that matters.

A comment on Restaurant workers quit at record rate. Parent comment

Re:Restaurant workers quit at record rate by coldtea on Tuesday July 20, 2021 @09:59PM (#27901486)
Surely it depends on the income level? There are people for which a $20 USD lunch everyday or close, is nothing to write home about.

In fact their time can be far more valuable (into what money they can command by doing some extra work), so that the opportunity cost between cooking and buying lunch to make it not worth to cook.

[ Parent | on HN ]
Re:Restaurant workers quit at record rate by brandmeyer on Tuesday July 20, 2021 @11:21PM (#27902001)
I'm just pointing out that the demand for eating out is highly elastic. If the restaurant industry as a whole raises prices relative to background inflation, then overall sales will fall and some will go out of business.
[ Parent | on HN ]