In the News

Price gouging in Edinburgh

Geoff Riley

11th August 2008

1/ Why are lunchtime prices cheaper than in the evening?

2/ Why is lunch on a Friday / Weekend more expensive than earlier on in the week?

3/ Why is dinner on a Sunday £2 cheaper than dinner on a Friday?

4/ If they pride themselves on serving a traditional Scottish breakfast - why do they open at 11-45am?

5/ If you order a meal at 4.15pm is the restaurant required to serve you? And if you delay the trek to the buffet until 5.02pm - do you have to pay extra? (Apparently the answer is yes ... if you vacate the table after 5pm ... then you pay the evening prices!)

6/ Why do so many Chinese restaurants offer this ‘fixed price’ menu?

7/ Why 5.99? Why £6.99?

I am sure there are other better questions to ask - can blog readers suggest some more?

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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