When items on a menu are listed as (MARKET PRICE), what determines what that price is going to be that day?

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Will a lobster in Montana cost the same as one in Missouri?

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Anonymous 0 Comments

It depends on what the restaurant pays for the ingredients. For example, if a restaurant is on the coast, and it buys seafood from the local fishermen ,the fishermen may catch a bunch of lobster today, sell them for 5 follars each, the restaurant sells lobster dinner for 15 dollars that day, if tomorrow they only catch a few lobsters, they may cost 8 dollars each, making tomorrow’s price 22 dollars for a lobster dinner.

Market price means that the commodity fluctuates on price and availability.

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