Originally posted by Darkangel
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The recent increase was a fed mandate that was the last increment in a three step increase over the last couple of years.
Economies of scale have little to do with the harm caused businesses and consumers from overall inflation. Yes, Taco Bell realizes more gross revenue per year and can spread a price increase out to the point that it's imperceptable. Those pennies from TB would eventually hit the dollar spent at haunts.
Haunts experience a minimal hit from the overall economy. Haunts have a wide economic moat, they are unique in entertainment value; there is nothing else like haunts, except other haunts in the same market. Which, to some point of saturation isn't a bad thing as the core consumer group will likely pay to see all the haunts in that market. They are seasonal which builds more value to the consumer, a built in sense of urgency because it actually does go away come November, and they become a tradition for an ever growing seasonal fan base.
Min wage increase still hits the larger economy the same, from a consumer standpoint.
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