Why Costco's $1.50 hot dog combo and 99-cent Arizona iced tea still cost the same

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Why Costco's $1.50 hot dog combo and 99-cent Arizona iced tea still cost the same
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The highest rate of inflation in decades has forced businesses to raise prices on food and other products once considered sacrosanct. However, there are still a few things that cost the same as always.

Among the list of inflation casualties: $1 prices at Dollar Tree, the $1 slice of pizza in New York City, Little Caesars' $5 Hot-N-Ready pizza, McDonald's dollar drink deals and more.However, there are still a few things that cost the same as always.99-cent Arizona iced teaThe signature 23-ounce can of Arizona iced tea still costs 99 cents, the same price it has been since its debut 30 years ago.

Costco now produces around 285 million hot dogs at its plant in California.Jim Sinegal, Costco's co-founder, once told the company's current CEO, Craig Jelinek,"If you raise the effing hot dog, I will kill you. Figure it out.""I know it sounds crazy making a big deal about a hot dog, but we spend a lot of time on it," Sinegal told the Seattle Times in 2009."We're known for that hot dog. That's something you don't mess with.

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