Can he justify the markup beyond ‘these morons will pay it’?
I doubt it.
Can he justify the markup beyond ‘these morons will pay it’?
No need to justify it..............for now. But long term, will the other customers come back if he needs them?
But to your question, “It is too high if you’re paying, not enough if you are getting.” is something I say often. Between regulations, inflation, etc, why would anyone be in business today?
and what is the cost on the marked up food?
What’s the lease cost on the deli?
Why is justification needed?
Lobster is not as expensive as it used to be. Most of the price in lobster salad is the labor. And while lobster is a pain to get out of it's armor it is not as bad as crab.
Is any more excuse required?
(Though labor, RE and supplies are all somewhat higher around the rich.)
I was on a flight crew flying from one of the Hawaiian islands. Our private caterer there would fulfill our crew meal requests and anything ranging from sushi to seared tuna to filet mignon with a baked potato was the norm. Our meals were outrageously expensive but soooo good!
I ordered a quart of lobster bisque for the three of us and when enroute to the states, I was looking over the invoice and saw that it was $200. I asked my passengers if they would like to begin their meals with lobster bisque and thankfully they said yes. I didn’t think I could explain that charge to my supervisor!
Does not matter, if they don't like the price don't buy it.
he owns it ... he can charge whatever he wants ... unless you don’t believe in private property ...