Question

Explain how economic models predict a) Land use patterns, b) bid rents, c) lot size, d)...

Explain how economic models predict a) Land use patterns, b) bid rents, c) lot size, d) building heights, e) population density within the monocentric city.

Homework Answers

Answer #1

A) land use patterns means modifying natural environment into semi natural habitat

Types :-

Recreational - fun, non-essentials like parks.
Transport - roads, railways, and airports.
Agricultural - farmland.
Residential - housing.
Commercial - businesses and factories.

B) bid rents is a geographical economic theory stating that how people fight to get land near central business districts (CBD) and price of the land is inversely related to its closeness with CBD.

C)  lot size refers to the total quantity of a product ordered for manufacturing, or for a delivery on a specific time.

D) height of the building depends on the condition of the land and in which economic area it's being build.

E) population density is more near commercial and market area and is rear and the distance increases from the main market.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Consider a simple urban economic model of location choice where three types of land use—Urban, Suburban,...
Consider a simple urban economic model of location choice where three types of land use—Urban, Suburban, and Rural—are distributed throughout the city. Land is a scare resource and it is allocated optimally (i.e. it is allocated to whichever type of user is willing to pay the most for it). Also, assume that distance (measured in miles from the central business district) is the only criteria considered in determining the optimal outcome. The marginal profit (MP) functions (profit per unit of...
The following payments and receipts are related to land, land improvements, and buildings acquired for use...
The following payments and receipts are related to land, land improvements, and buildings acquired for use in a wholesale ceramic business. The receipts are identified by an asterisk next to the item letter. a. Fee paid to attorney for title search $ 2,395 b. Cost of real estate acquired as a plant site: Land 283,200 Cost of real estate acquired as a plant site: Building 57,400 c. Delinquent real estate taxes on property, assumed by purchaser 15,175 d. Cost of...
1 T-test can be use for ____ traits a immeasurable b continuous c discrete d categorical...
1 T-test can be use for ____ traits a immeasurable b continuous c discrete d categorical Which conclusive terminology can NOT be stated when testing a hypothesis? Select one: a. We reject the null hypothesis b. Our data supports the null hypothesis c. We have proven the null hypothesis d. We accept the null hypothesis Most biological variation, especially among members of the same species, is _______________ in origin. Select one: a. behavioral b. environmental c. statistical d. maternal4 Consider...
In this exercise, you will analyze the supply-demand equilibrium of a city under some special simplifying...
In this exercise, you will analyze the supply-demand equilibrium of a city under some special simplifying assumptions about land use. The assumptions are: (i) all dwellings must contain exactly 1,500 square feet of floor space, regardless of location, and (ii) apartment complexes must contain exactly 15,000 square feet of floor space per square block of land area. These land-use restrictions, which are imposed by a zoning authority, mean that dwelling sizes and building heights do not vary with distance to...
Colleges use SAT scores to predict how students will perform at the college level. Suppose the...
Colleges use SAT scores to predict how students will perform at the college level. Suppose the entering freshmen at a certain college have mean SAT Scores of 1200, with a standard deviation of 113. In the first semester these students attained a mean GPA of 2.57, with a standard deviation of 0.46. A scatterplot showed the association to be reasonably linear, and the correlation between SAT score and GPA was 0.39. a) Write the equation of the regression line. b)...
Most economic models 
a. incorporate the assumption of rational behavior on the part of economic actors....
Most economic models 
a. incorporate the assumption of rational behavior on the part of economic actors. b. incorporate the notion that people are usually reluctant to change their minds. c. are meant to precisely duplicate reality.
d. assume that people often make sub-optimal choices. 
 When economists assume that people are rational, they assume that a. consumers maximize profits.
b. firms maximize revenues.
c. consumers maximize utility. 
d. firms maximize output. 
 The basic theory of consumer behavior is based on which...
I am not too sure about how to get A. B. C. and D. parts of...
I am not too sure about how to get A. B. C. and D. parts of the question. Complete the table below. Complete the following questions. Quantity TC FC VC AFC AVC ATC MC 0 1000 1000 0 ******** ******** ******** ******** 50 1500 1000 500 20 10 30 10 100 1800 1000 800 10 8 18 6 150 2400 1000 1400 6.67 9.33 16 12 200 3200 1000 2200 5 11 16 16 250 4500 1000 3500 4 14...
Consider a city with three consumers:1, 2, and 3. The city provides park land for the...
Consider a city with three consumers:1, 2, and 3. The city provides park land for the enjoyment of its residents. Parks are a public good, and the amount of park land (which is measured in acres) is denoted by z. The demands for park land for the three consumers are as follows: D1=40-z D2=30-z D3=20-z These formulas give the height of each consumer's demand curve at the given level of z. Note that each demand curve cuts the horizontal axis,...
1.   There are two major websites that use mathematical models to predict the price of houses...
1.   There are two major websites that use mathematical models to predict the price of houses based on things like # of bedrooms, square feet, location, what similar houses sell for, all kinds of variables. You’re going to select a sample of houses and see which website predicts better. a.   Decide on a location for your sample. Anywhere in the US works. Write the location here. Fresno, CA b.   Go to www.zillow.com and check “Recently Sold.” Randomly select at least...
Which substance has the highest boiling point?(A)CH4(B)CF4(C)CCl4(D)CBr4(E)CI4 could you explain how to find which substance has...
Which substance has the highest boiling point?(A)CH4(B)CF4(C)CCl4(D)CBr4(E)CI4 could you explain how to find which substance has the highest bp Please thanks
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT