Social Sciences, asked by sunil12340, 3 months ago

Why urban areas are most expensive than rural areas.....?​

Answers

Answered by Anonymous
1

Answer:

It is commonly assumed that the cost of living is much higher in cities than in the country because housing rents are higher in urban areas and food staples cost more. ... For another, the urban consumer is able to substitute in favor of other goods and services which do not cost any more in urban areas.

Explanation:

As Mises makes clear, when the “cost of living” is relatively high in a certain area, it's because there is something that attracts people. The higher density of the population drives up the price of land, which means rental prices are higher.

Answered by worldqueen2
2

Answer:

It is commonly assumed that the cost of living is much higher in cities than in the country because housing rents are higher in urden areas and food staples cost more... For another, the urban consumer is able to substitute in favor if other goods and services which do not cost any more in urban areas.

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