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Wednesday
Mar212012

A Quick Economy Lesson with Torrisi

In high school economics they teach you about elastic and inelastic demand.  Gas is a prime example of inelastic demand.  So is dinner at Torrisi Italian Specialties.  Regardless of the price, people are going to pay to eat at Torrisi.

The original price of the 4-course tasting menu was $50.  It's now $65.  The 20-course tasting is making a 20% jump, from $125 to $150.

The duo behind Torrisi and Parm, the red-hot Italian outfits on Mulberry Street, are heavily inspired by the city in which they operate.  Another price hike brings the MTA to mind.  The difference at Torrisi??  There's never any train traffic.

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