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History, 20.02.2020 23:23 gracieorman4

You competed in the Bravo network's reality show Top Chief. The judges loved your version of hot wings. You
decide to open a restaurant featuring this dish. You own a piece of property across from which a stadium is opening. Ten blocks away, a large multiplex with 16 movie screens is opening showing first-run films. Your restaurant will be on the corner of the two major streets leading to both the stadium and the theater. You go to the bank to get a business loan. After tasting your hot wings and studying your loan application and business plan, the bank gives you the loan at a low interest rate.

Why?

What economic concept does he think you understand very well?

Explain the bank's reasoning.

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