Wednesday, July 25, 2012

Cramer on Inelastic Demand for Panera Products

A short video in which stock guru Jim Cramer talks about the inelastic demand for Panera Bread can be found here.

When my wife an I go to Panera, it is very expensive.  We only eat there because our kids want to eat there.   We think that the quality is high, but over priced.  I gotta believe that we eat less when the price of a bagel is high.

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