Row 57426

Row ID: 57426 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 57426 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

[If USA inflation is at the most 8%, why does a Big Mac cost $10 - 18? They used to cost $5.99, that's an 80% increase.](https://www.quora.com/If-USA-inflation-is-at-the-most-8-why-does-a-Big-Mac-cost-10-18-They-used-to-cost-5-99-thats-an-80-increase)

Because of mandatory $20+ hr wages imposed by select states.

Consumers will always end up paying the difference.

Also because, if people continue to buy their product at the same rate regardless of the 200% price increases on items like McChicken, they have no incentive to bring them back to earth. Supply & demand. Plus, no alternatives since competitors followed the same price hiking scam/scheme.

FieldValue
text [If USA inflation is at the most 8%, why does a Big Mac cost $10 - 18? They used to cost $5.99, that's an 80% increase.](https://www.quora.com/If-USA-inflation-is-at-the-most-8-why-does-a-Big-Mac-cost-10-18-They-used-to-cost-5-99-thats-an-80-increase) Because of mandatory $20+ hr wages imposed by select states. Consumers will always end up paying the difference. Also because, if people continue to buy their product at the same rate regardless of the 200% price increases on items like McChicke…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-23
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Raw Record

{
  "text": "[If USA inflation is at the most 8%, why does a Big Mac cost $10 - 18? They used to cost $5.99, that's an 80% increase.](https://www.quora.com/If-USA-inflation-is-at-the-most-8-why-does-a-Big-Mac-cost-10-18-They-used-to-cost-5-99-thats-an-80-increase)\n\nBecause of mandatory $20+ hr wages imposed by select states.\n\nConsumers will always end up paying the difference.\n\nAlso because, if people continue to buy their product at the same rate regardless of the 200% price increases on items like McChicken, they have no incentive to bring them back to earth. Supply & demand. Plus, no alternatives since competitors followed the same price hiking scam/scheme.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-23",
  "username_encoded": "Z0FBQUFBQm5Lak1YMDVHN2hSeDgxRl82RWtYc2NxbWV2Z1JCNk1zNUkwV29WU2JObWR6cUY3UzVqSlNfVDVYZmR3cjdXcGZ2OGJQeXpGUmNab0JvclBBRkVUS0F2ZC13NlE9PQ==",
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}
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