Question: Skyscrapers are found in large cities but not in small towns. Economists would explain this in terms of: (a) differences in architectural tastes between residents of cities and those of small towns (b) the lower costs of labor in cities (c) the scarcity and high cost of land in cities (d) the relatively low construction costs of tall buildings compared to those of one-or-two

Question: Skyscrapers are found in large cities but not in small towns. Economists would explain this in terms of: (a) differences in architectural tastes between residents of cities and those of small towns (b) the lower costs of labor in cities (c) the scarcity and high cost of land in cities (d) the relatively low construction costs of tall buildings compared to those of one-or-two

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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