3 ms·
But it's going to take a whole hell of a lot of special sauce to survive when you're the first random mid-level restaurant competing against places that can att
by Talanes 5y ago
But it's going to take a whole hell of a lot of special sauce to survive when you're the first random mid-level restaurant competing against places that can attract customers through line of sight.
You can't simplify away the varying value of certain land for certain uses and still pretend you're doing economics.
- Retric 5y agoClearly I overly simplified things, but the point was doubling a cities population should roughly double the number of restaurants. That doesn’t hold for towns, but you see multiple McDonalds in the same city because being the closest McDonalds is a useful difference. Similarly at scale you see more specialization such as Thai vs Chinese vs Pho etc etc. Add cost and you can have almost unlimited density without inherently limiting the number of restaurants much like how a mall can have 100 stores all selling different kinds of clothing.