Consider the following statement winter ice storms that, Ask an Expert

Economics

Consider the following statement. "Winter ice storms that sometimes hit Chicago are good for the economy. They create many jobs to remove downed limbs and replace trees and bushes." Do you agree that ice storms are a net benefit to the economy? To answer, consider the opportunity cost; what was forgone by having to do all the repair work.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91519766

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