How Buffet Economics Affects what We Can Eat
The Golden Corral buffet chain monitors its garbage. Knowing what we don’t eat helps them decide what we will eat. It all happens at the margin. Buffet Economics. All-you-Can-Eat History.The buffet concept took off in Las Vegas during the 1940s. Using the allure of unlimited food, casinos brought the patrons that would stay to gamble after the meal. Although the meals lost money, the gambling was far more prolific. Then, spreading far beyond gamblers, in 1982, Olive Garden served unlimited breadsticks, soup, and salad. Golden Corral, meanwhile, was originally a steakhouse after it opened in 1973, but during the 1990s, it swiveled to all-you-can-eat. ….[READ]
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