Would you pay a nickel more for a cage-free Egg McMuffin?
A McDonald's Egg McMuffin is so cheap, about $1.30, that you'd think that a small price increase wouldn't be a problem for consumers. Even a whole nickel.
But McDonald's must think it is, because it recently decided not to have 5% of its eggs come from cage-free chickens. The American consumer must not think an organic McMuffin is worth the extra cost, according to McDonald's reasoning. Even if that cost, by my calculations, would be 5 cents per sandwich, or maybe even less.
Is an inexpensive breakfast worth a premium price so that you can feel good about the environment and how that breakfast is made?