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WebstaurantStore is an online restaurant supply company based in Lititz, Pennsylvania. The company offers commercial-grade equipment to the foodservice industry through online ordering and commercial shipping, and carries over 430,000 products. [1] They have over 70 private-label brands, including Avantco, Choice, Noble, and Regal.
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Menu costs are the costs incurred by the business when it changes the prices it offers customers. A typical example is a restaurant that has to reprint the new menu when it needs to change the prices of its in-store goods. So, menu costs are one factor that can contribute to nominal rigidity. Firms are faced with the decision to alter prices ...
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