Description: Decorated in the famous blue, Tiffany’s on Fifth Avenue, New York City, has opened a cafe. Now you too can have your breakfast at Tiffany’s, a notion made famous by Audrey Hepburn’s classic 1961 film. Breakfast doesn’t come cheap at $29 a plate. Or you can sit down for afternoon tea at $49 a shot.
Date: November 10, 2017
1) If you were visiting New York, would you be willing to plunk down $29 for breakfast at Tiffany’s on a student budget?
2) Do you think that this cafe will attract a steady stream of business?
3) Would managing costs be different in a high end restaurant like this versus in much less expensive breakfast cafe?