At a fancy steak house, what is my $60-$100+ per steak paying for?

3.03K viewsEconomicsOther

Quality meat? Quality cooking? Staff and other overhead costs? Etc.

In: Economics

44 Answers

Anonymous 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.