JC “Ethnic Festivals” of 2001Submitted by cbuzz8 t3_z4ljhx in jerseycity
A_Downboat_Is_A_Sub t1_ixueter wrote
Reply to comment by LiveTheLifeIShould in JC “Ethnic Festivals” of 2001 by cbuzz8
It was a big difference from even before inflation, with the Chinese menu. Most of the prices were around half of what they are now. The chicken place was already overpriced back then, so they're up only about 40%
JeromePowellAdmirer t1_ixztt7z wrote
Baumol's cost disease, labor intensive services increase in price faster than goods. Can't quite automate a chef nearly as efficiently as a production line can be.
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