Two cities face identical prices for their housing.City A decided to be a pollution free city "Clean town" and all the factories would locate in city B "Smogville",we expect the prices of housing in city A "Clean town" to

Question

Two cities face identical prices for their housing.City A decided to be a pollution free city "Clean town" and all the factories would locate in city B "Smogville",we expect the prices of housing in city A "Clean town" to​

Quizplus · Accepted Answer

With city A being pollution-free, it creates a desirable living environment for individuals who are concerned about air quality and overall health. This increase in demand for housing in city A due to its cleaner living may lead to an increase in housing prices, thus resulting in a higher cost of living in the area.

Two Cities Face Identical Prices for Their Housing