Are Bottomless Drinks Good Business?
August 14, 2013
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2:47Now PlayingAre Bottomless Drinks Good Business?
YouTube Description
as posted by the channelA story of loss leaders, irrational consumers, and infinite mimosas
In Economics in Plain English, the new economic explainer video series from The Atlantic, business editor Derek Thompson answers big and small questions selected from hundreds of reader submissions.
This question might have occurred to you on a Sunday morning at your favorite restaurant: Are bottomless drinks good business? Think about it: Infinite. Free. Alcohol. How can giving away mimosas to thirsty brunch goers be anything but financial suicide? In the short video above, Thompson talks through all the ways that unlimited breakfast booze actually makes good business sense.
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