> Is it just me, or does the discount for take-out dining seem way too > low?> Prof. Bryan Caplan
Some restaurants subsidize the sit-downs. Starbucks, for example, charges the same for a latte whether it is to go or to drink at a table. Those who sit for hours sipping a venti latte while working on a laptop using not just a table but the company's electricity are way subsidized by the to-go crowd. Evidently the firm makes enough profit selling 50c coffee for $2 so that those at tables can be subsidized, and moreover, a shop filled with coffee drinkers makes it more attractive (it must be really good), so in a way the table rent seekers too contribute, just not in cash. Likewise a full restaurant may increase the to-go demand. I think this is deja-vu. Fred Foldvary ===== [EMAIL PROTECTED] __________________________________________________ Do You Yahoo!? Yahoo! Health - Feel better, live better http://health.yahoo.com
