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sammy [17]
3 years ago
15

Suppose a city block was going to be used for a parking lot in both new york city and a small town. the opportunity cost would b

e
Business
1 answer:
Helen [10]3 years ago
7 0
The opportunity cost would be <span>greater in New York City because the alternative uses of the block are more valuable. Opportunity cost is the value of sacrifice that you need to make when choosing a  decision. The land price in new yorks is far more expensive compared to any other small towns because of the amount of population that walk passed to the streets and the amount of economic power that they have</span>
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This is a marketing strategy widely used by companies that supply non-durable consumer goods, which are those that are consumed quickly, such as food, beverages and medications.

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