Let's define a "restaurant" as any place where you can buy food that's meant to be eaten there, from a hot dog stand to a $400 per head Alinea-type place.
As a percentage of the cost of the meal to the diner, what price level of the restaurant industry has the highest profit margins?
I'm inclined to say fast food, because of their soft drink sales, but that's just a guess. Any industry pros care to weigh in?
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