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Using the Monocentric City Model, discuss the effect of a natural amenity like a park on...

Using the Monocentric City Model, discuss the effect of a natural amenity like a park on bid-rents in a metropolitan area.

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The Monocentric city model is a kind of model defined by urban planning in which allocation of resources and its phenomenon is described.
This model plays an important part in deciding how the allocation of resources needs to be done. So according to this model where there are natural resources. For intance a park, one needs to pay more for the cost of convenience in the form of bid rent.

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