At a fancy steak house, what is my $60-$100+ per steak paying for? 3.03K viewsMay 2, 2024EconomicsOther Question100.55K May 2, 2024 0 Comments Quality meat? Quality cooking? Staff and other overhead costs? Etc. In: Economics 44 Answers ActiveNewestOldest Anonymous Posted May 2, 2024 0 Comments General rule of thumb I was taught is that menu prices are roughly 3x that of food costs. If the place is fancy, then more costs for extra labor and fanciness would be added. You are viewing 1 out of 44 answers, click here to view all answers. Register or Login
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