this post was submitted on 19 Dec 2023
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Fast casual (lemmy.world)
submitted 10 months ago by themaninblack@lemmy.world to c/memes@lemmy.ml
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[–] Phoenix3875@lemmy.world 4 points 10 months ago (1 children)

That's fixed capital for you.

[–] pl_woah@lemmy.ml 1 points 10 months ago (1 children)

I don't get it

It would be fixed capital regardless of the interior design and chairs?

[–] Phoenix3875@lemmy.world 2 points 10 months ago

The difference is that fixed capital matters little to the rate of profit, so they can spend a lot of money and it still evens out over the period of operation. The food and wage, on the other hand, affects the rate of profit a lot. So we can usually see restaurants with "fancy" decors, but with shitty food and low wages.