menu cost

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menu cost

the costs to firms of changing their prices. These costs include retraining sales staff, reprinting price lists or relabelling products and informing customers. When menu costs are high, firms will be discouraged from changing prices frequently
References in periodicals archive ?
Michel, 76, put up a sign at The Waterside Inn - where a six-course menu costs PS167 - telling customers not to photograph food.
A three-course meal from the Turners' a la carte menu costs PS65 per person.
50 on seven visits to the Michelin-starred James Sommerin Restaurant in Penarth, where a six course taster menu costs PS70, or PS110 with wine.
At Foo'd Manila, it means a three-course menu costs only P800.
A five-course menu costs PS60 per person, while the three-course Sunday lunch menu costs PS35.
33) There is evidence that menu costs are an important component of pricing decisions of firms.
The menu costs PS51 per person and an adapted version for children priced at PS21 with last orders at 3pm.
Our business meal with a three-course menu costs Dh109.
The six course menu costs AED 340 per person and will be available in the first week of November.
A 5-course Taste of Argyll menu costs PS30 per person.
The menu costs BD15++ per person and is available from 7pm.