Need to include real estate, marketing, and profit. If its not a mom and pop place, HR + corporate.
Labor is typically 15-70% of the business's cost. (The 70% is in fields like medicine where regulatory capture has limited the number of licenses)
Its also not perfectly efficient. The worker may only be making 5 meals due to a slow day or slow hours. You may find processed foods in a grocery store more similar to '100 meals in the time I can prepare 1'.
Labor is typically 15-70% of the business's cost. (The 70% is in fields like medicine where regulatory capture has limited the number of licenses)
Its also not perfectly efficient. The worker may only be making 5 meals due to a slow day or slow hours. You may find processed foods in a grocery store more similar to '100 meals in the time I can prepare 1'.