How much does cereal with milk cost?

The price of cereal with milk being $2.20 is indicative of the menu pricing structure typically found in casual dining establishments like Waffle House. This amount reflects a reasonable charge that encompasses the cost of both the cereal and the milk, combined with standard markup practices utilized in the food service industry.

Such pricing often aims to balance affordability for customers with the need for the business to cover costs and remain profitable. In addition, this price point aligns with common market prices for similar items served in comparable diners or chains, making it accessible for a wide range of customers.

The other price options either undercut the expected cost for a full serving of cereal and milk or suggest an unrealistic charge (like $11.00), which would likely not be accepted for a simple breakfast item at a diner. This understanding helps reinforce the reasonable pricing model that establishments like Waffle House adhere to in order to maintain customer satisfaction and business viability.