Food Fee Fiasco
Consumer Skills
1. What is one of the benefits restaurants get from using food delivery apps?
FOOD FEE FIASCO | APRIL 12, 2024 EDITION | NEXT GEN PERSONAL FINANCE
1. What is one of the benefits restaurants get from using food delivery apps?
FOOD FEE FIASCO | APRIL 12, 2024 EDITION | NEXT GEN PERSONAL FINANCE
2. How do food delivery apps typically generate revenue?
a) Through advertisements on the app interface
b) By charging customers a monthly subscription fee
c) By taking a commission from restaurant orders
d) Through government subsidies for promoting local businesses
FOOD FEE FIASCO | APRIL 12, 2024 EDITION | NEXT GEN PERSONAL FINANCE
2. How do food delivery apps typically generate revenue?
a) Through advertisements on the app interface
b) By charging customers a monthly subscription fee
c) By taking a commission from restaurant orders
d) Through government subsidies for promoting local businesses
FOOD FEE FIASCO | APRIL 12, 2024 EDITION | NEXT GEN PERSONAL FINANCE
3. True or false? In a Washington Post experiment, three food delivery apps paid different amounts to one restaurant for the same meal.
a) True
b) False
FOOD FEE FIASCO | APRIL 12, 2024 EDITION | NEXT GEN PERSONAL FINANCE
3. True or false? In a Washington Post experiment, three food delivery apps paid different amounts to one restaurant for the same meal.
a) True
b) False
FOOD FEE FIASCO | APRIL 12, 2024 EDITION | NEXT GEN PERSONAL FINANCE
4. How have customers reacted to the changing fees associated with food delivery apps?
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4. How have customers reacted to the changing fees associated with food delivery apps?
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5. What advantage do major food delivery apps have that enables them to charge high fees?
a) Government subsidies for app development
b) Access to low-cost delivery options
c) Market consolidation and proprietary technology
d) Cooperation with local restaurants to reduce costs
FOOD FEE FIASCO | APRIL 12, 2024 EDITION | NEXT GEN PERSONAL FINANCE
5. What advantage do major food delivery apps have that enables them to charge high fees?
a) Government subsidies for app development
b) Access to low-cost delivery options
c) Market consolidation and proprietary technology
d) Cooperation with local restaurants to reduce costs
FOOD FEE FIASCO | APRIL 12, 2024 EDITION | NEXT GEN PERSONAL FINANCE
You’ve completed the exercise, now it’s time to learn
more about the current event:
FOOD FEE FIASCO | APRIL 12, 2024 EDITION | NEXT GEN PERSONAL FINANCE
Discussion Prompt:
Do you use food delivery apps? If so, have you noticed higher costs or extra fees?
If not, would you use these apps? Why or why not?
FOOD FEE FIASCO | APRIL 12, 2024 EDITION | NEXT GEN PERSONAL FINANCE
Extend Your Learning
Three Relevant Resources from NGPF:
Day)
References:
FOOD FEE FIASCO | APRIL 12, 2024 EDITION | NEXT GEN PERSONAL FINANCE