(rossco @ Nov. 16 2009,01:43) The dilemma is that bars make 35% to 65% of their turnover on BFs and LDs - if they dispense with BFs there will be some consequences.
Raise barfines and ladydrink prices but lower beer prices!
The consumers with the most elastic demand curve for beer prices are not affected by ladydrink prices and barfines so it makes economic sense when raising prices to do so with barfine and ladydrinks since those demand curves are relatively inelastic.
Perhaps this merits a study by the Freakonomics boys.
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