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Meanwhile, a local chain of burger restaurants in Seattle called Dick's is selling $3 cheeseburgers and paying its workers $25 per hour.
McDonald's had a reputation for being mediocre-tasting, but cheap. Now it's mediocre-tasting and expensive. How will this business model remain sustainable in the long run? Will their greediness eventually lead to their demise?
Bonus edit: Here's a chart that compares the price increases of major fast food chains:
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