2021/7/16. Cheaper economy in Japan
I ate alone dinner at Yayoiken in Japan.
https://www.yayoiken.com/en_files/regular_menu_pdf/88_2021.07Regular_EN_0706.pdf?id=2281
Hummm. It costed ¥780, approximately US$7.10.
Is this too cheap?
I ate at Tokyo Ginza in Japan.
I don’t want to tell how good taste it was or how beautiful the dinner was.(And it was not so beautiful, just only one meal.)
What makes it so cheap?
Law of one price seems to have strong power in Japan.
https://en.m.wikipedia.org/wiki/Law_of_one_price
I think that law of one price prevents raising price in Japan.
I want to think more deeper about this topic, later.