menu cost

(redirected from Menu costs)

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
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Comprised of a bowl of soup, a main dish and dessert, the jedale menu costs around Pound 4.
| The L'al 'Un' six-course set menu costs PS80 per person, and The Grand 'Un' 10-course menu costs PS105 per person.
An authentic set menu costs BD8+++ with unlimited soft drinks and BD4+++ for children aged six to 12.
The three course sharing menu costs [pounds sterling]29.95 for two people and is valid when dining in the restaurant only.
The five-course set menu costs OMR 38 + taxes per person.
The set menu costs [euro]47 for four courses, [euro]55 for five or [euro]62 for six without alcohol.
Their Christmas Day menu costs [pounds sterling]65 per person and includes a starter, mains including roast turkey, rack of lamb or smoked cod loin and selection of winter desserts or a cheeseboard with coffee and homemade mince pies.
The three-course menu costs PS39 and there will be lunch (12pm-2.30pm) and dinner (6.30pm-9.30pm) sittings over the three days.
The three-course menu costs [pounds sterling]39 and there will be lunch (between 12pm-2.30pm) and dinner (6.30pm-9.30pm) sittings over the three days.
At Foo'd Manila, it means a three-course menu costs only P800.