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anticensor
on Jan 26, 2020
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The economics of all-you-can-eat buffets
The simple trick is you need to price it such that any combination will always cover the costs of the most expensive meal.
-Don't just downvote, explain why it won't work.
sarchertech
on Jan 26, 2020
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Because the difference between the average and the most expensive is so great, that people who eat the average meal aren't willing to pay enough to cover the most expensive.
diffeomorphism
on Jan 26, 2020
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That price is obviously too high. Congratulations, you have no customers now.
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-Don't just downvote, explain why it won't work.