Chipotle Ups Menu Prices To Fund Wage Increase

Chipotle is increasing menu prices by nearly 4% to help cover the cost of raising employee wages to an average of $15.00 an hour by the end of the month. This price hike also addresses the rising costs of ingredients, a challenge faced by restaurants nationwide.

Why did Chipotle increase its menu prices by nearly 4%?

• To expand their menu offerings

• To compete with other fast-food chains

• To cover the cost of raising employee wages

• To improve the taste of guacamole

What is the average hourly wage Chipotle aims to pay its employees by the end of the month?

• $10.00

• $12.50

• $20.00

• $15.00

What is one of the reasons for the increase in Chipotle's menu prices?

• Rising ingredient costs

• Decreased customer demand

• New restaurant openings

• Improved service quality

Which of the following is a challenge faced by restaurants across the country?

• Lowering menu prices

• Increasing customer complaints

• Rising ingredient prices

• Decreasing employee wages

What is the main topic of the video transcript?

• Chipotle's new menu items

• Chipotle's price and wage adjustments

• Chipotle's marketing strategies

• Chipotle's customer service improvements