Food Economics?

When you go to a restaurant, you will notice carefully how they store and cook food, and then derive refutable implications for predicting the food quality.

When you observe the waiters, you will notice how they shirk during working hours, and then you know that the cost of monitoring is high.

When there are many froyo shops cluster in the same place, those who have only a few customers will close very soon. Marginal firms will quit the market first when the price is driven down due to keen competition. An implication of the price-taking industry?

When you are having buffet lunch, you will consume food until MUV equals 0. But since the measuring cost is high, such an over-consumption exists even if MC is above MUV.

So, I can never escape from the scope of Economics, and these kinds of materials are often be included in my restaurant reviews. :S