Popeyes Chicken Sandwich Is an Economic Indicator
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Popeyes Chicken Sandwich Is an Economic Indicator
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Re: Popeyes Chicken Sandwich Is an Economic Indicator
#2Funny story: 'Super size' was a hoax. You got the same sandwich, larger fries and a larger cup. But with free refills, the cup size is irrelevant. So you got a few more fries. At the time (super size is gone) I bought both sizes and counted. The 'super size' fries had 15 more fries. That's what you got for your 80 cents or whatever.
Re: Popeyes Chicken Sandwich Is an Economic Indicator
#3Funny story: 'Super size' was a hoax. You got the same sandwich, larger fries and a larger cup. But with free refills, the cup size is irrelevant. So you got a few more fries. At the time (super size is gone) I bought both sizes and counted. The 'super size' fries had 15 more fries. That's what you got for your 80 cents or whatever.
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Re: Popeyes Chicken Sandwich Is an Economic Indicator
#4Funny story: 'Super size' was a hoax. You got the same sandwich, larger fries and a larger cup. But with free refills, the cup size is irrelevant. So you got a few more fries. At the time (super size is gone) I bought both sizes and counted. The 'super size' fries had 15 more fries. That's what you got for your 80 cents or whatever.
> "But with free refills, the cup size is irrelevant."
Only if the customer is dining in; for take-out, it matters. On the other hand, soft drinks costs pennies per serving, so you are still mainly correct.
Re: Popeyes Chicken Sandwich Is an Economic Indicator
#5Funny story: 'Super size' was a hoax. You got the same sandwich, larger fries and a larger cup. But with free refills, the cup size is irrelevant. So you got a few more fries. At the time (super size is gone) I bought both sizes and counted. The 'super size' fries had 15 more fries. That's what you got for your 80 cents or whatever.
Another trick I noticed was the shape of the box they used for the different sizes. The box for the "supersize" fries was tapered at the bottom so the fries wouldn't completely fill the larger box when they scooped the fries in, giving it the appearance of overflowing with fries. As you ate the fries, the remaining fries would slide down and fill the void so it seemed like it was completely full.
Re: Popeyes Chicken Sandwich Is an Economic Indicator
#6Funny story: 'Super size' was a hoax. You got the same sandwich, larger fries and a larger cup. But with free refills, the cup size is irrelevant. So you got a few more fries. At the time (super size is gone) I bought both sizes and counted. The 'super size' fries had 15 more fries. That's what you got for your 80 cents or whatever.
Another trick I noticed was the shape of the box they used for the different sizes. The box for the "supersize" fries was tapered at the bottom so the fries wouldn't completely fill the larger box when they scooped the fries in, giving it the appearance of overflowing with fries. As you ate the fries, the remaining fries would slide down and fill the void so it seemed like it was completely full.
Which explains why that SuperSize Me guy did so good health-wise!
Re: Popeyes Chicken Sandwich Is an Economic Indicator
#7Funny story: 'Super size' was a hoax. You got the same sandwich, larger fries and a larger cup. But with free refills, the cup size is irrelevant. So you got a few more fries. At the time (super size is gone) I bought both sizes and counted. The 'super size' fries had 15 more fries. That's what you got for your 80 cents or whatever.
The calories for McDonalds small/medium/large are 230/340/510. I don’t know how many individual fries each size has, but it seems like they do substantially jump in portion.
The drink size is about how much you’re able to take away from the restaurant.
It’s true fries and drinks are higher margin items than sandwiches for fast food restaurants, though.
Re: Popeyes Chicken Sandwich Is an Economic Indicator
#8Funny story: 'Super size' was a hoax. You got the same sandwich, larger fries and a larger cup. But with free refills, the cup size is irrelevant. So you got a few more fries. At the time (super size is gone) I bought both sizes and counted. The 'super size' fries had 15 more fries. That's what you got for your 80 cents or whatever.
This is just a classic price discrimination strategy; nearly all retailers do it in some way. Starbucks drinks have a nearly identical marginal cost to them; but have wildly different prices. Software companies disable certain features (that already exist in the software) to sell a lower cost version of the same thing without hurting the margins with those who can pay more. Pharmaceutical companies will sell both a generic and name brand version of the exact same thing.
https://www.investopedia.com/terms/p/price_discrimination.as...
Re: Popeyes Chicken Sandwich Is an Economic Indicator
#9Funny story: 'Super size' was a hoax. You got the same sandwich, larger fries and a larger cup. But with free refills, the cup size is irrelevant. So you got a few more fries. At the time (super size is gone) I bought both sizes and counted. The 'super size' fries had 15 more fries. That's what you got for your 80 cents or whatever.
This is just a classic price discrimination strategy; nearly all retailers do it in some way. Starbucks drinks have a nearly identical marginal cost to them; but have wildly different prices. Software companies disable certain features (that already exist in the software) to sell a lower cost version of the same thing without hurting the margins with those who can pay more. Pharmaceutical companies will sell both a g…
I've always been a little unsure of the usage of "price discrimination." The basic economics glossary definition generally refers to price discrimination between identical or nearly-identical products. Yet I hear it used for things that have obvious significant functional differences, like the storage tiers of the iPhone. Surely many people are buying iPhones with upgraded storage not simply because they are willing to pay more, but because they really do value the increased storage. So is that called price discrimination simply because the marginal cost increase to Apple is probably very low (much lower than what they charge for the storage increase)? Is price discrimination just a continuum that is not very well-specified?
A much more textbook example would be the rumored practice of airlines' websites charging higher prices to people using more expensive computers. (I don't know if those stories were true, but that would certainly be an example of selling identical products to people at different prices, based on their willingness to pay.) Another example would be digital goods like movies and video games being sold at vastly different prices in different countries (hence DRM and region-locking).
Re: Popeyes Chicken Sandwich Is an Economic Indicator
#10Funny story: 'Super size' was a hoax. You got the same sandwich, larger fries and a larger cup. But with free refills, the cup size is irrelevant. So you got a few more fries. At the time (super size is gone) I bought both sizes and counted. The 'super size' fries had 15 more fries. That's what you got for your 80 cents or whatever.
You’re only talking about the people who eat in. For the drive through the extra drink can be worth it.