Question
If a city fails to meet it's threshold, what does this mean?
The correct answer is it is not economically feasible for its market area to purchase goods and services from it
Explain in one to two simple sentences what you know about this item or concept now that you see the correct answer is
The correct answer is it is not economically feasible for its market area to purchase goods and services from it
Explain in one to two simple sentences what you know about this item or concept now that you see the correct answer is
Answers
GPT-4o mini
When a city fails to meet its economic threshold, it means that the local population and businesses do not have enough purchasing power or demand to sustain adequate sales for goods and services offered within that area. As a result, it becomes financially unviable for vendors and businesses to operate there successfully.