There is a threshold at which the food doesn't get any better. The food/preparation simply isn't worth that and you are paying for things like name recognition, the experience and the location.
If it's one of many courses in a fancy $200 menu, served at a very fancy place, served by very fancy staff, in a very fancy atmosphere, why not? If its a piece of fish on half a handful of vegies for $200, its a rip off, and anyone paying this would be an idiot and the place might be shut down.
That's not a $300 dish. that looks like something I'd get at a wedding. The lack of knowledge about why certain restaurants are more expensive than others is amazing.
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