Wendy's offers $3 breakfast combo as fast-food customers recoil from high menu prices

Wendy's is the latest chain to offer customers a discounted deal as even fast food — once a reliably cheap way to eat — has become too pricey for many Americans. 

On Monday, Wendy's announced a new breakfast combo of potatoes plus an egg sandwich for $3, as other burger chains and food retailers try to appeal to Americans' desire to save money by purchasing value goods. 

The deal comes on the heels of McDonald's announcing a temporary $5 promo to try to win back customers turned off by the chain's previous menu price hikes.