How would you advise the owner of the business


Discussion

Note: This discussion spans two weeks and is graded at the end of Module Four. Your first post is due in this module, and your follow-up posts (two) are due in the next module.

Imagine you are tasked with shopping for a space to open a new restaurant for your boss. You have found a target neighborhood for the restaurant with two options for location. One location is available for lease, and the other is available for purchase. How would you advise the owner of the business on the options for each restaurant location? What factors must be considered?

In responding to your classmates' posts next week, compare and contrast the arguments made for each location. Provide variables for the expectation of the future value to affirm your recommendation.

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Microeconomics: How would you advise the owner of the business
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