this post was submitted on 11 Jun 2024
111 points (86.3% liked)

Business

378 readers
336 users here now

A place to share business news and insights.


Rules


  1. Follow lemmy.world rules
  2. Only post content related to business
  3. Do not use this community to promote your business

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] NateNate60@lemmy.world 3 points 3 months ago

The hot dog being $1.50 is still good considering that they could probably double the price, which would triple or quadruple their profit on it and people would still happily buy.

Of course, it's not because of altruism that they do it. They do it because people use the hot dog as a symbol of the good value for money that Costco supposedly provides.