Question

The basic urban model we studied assumed a fixed population, agricultural land, and no inter-city migration. According to the model what happens to each of these measures if agricultural land rents were to increase?

Options are Unchanged, Increase, Decrease, Ambiguous

- Dwelling size
- Land rent per acre
- Building height
- Commuting cost per mile
- Rent per square foot of floor space
- Total rent
- Income
- Population density
- Dwellings per acre
- Distance to the edge of the city

Answer #1

In this problem, you will solve for the equilibrium population
of an idealized city experiencing rural-urban migration, following
the augmented Harris- Todaro model from Chapter 3. The incomes
earned in urban employment and in the rural area are y and
yA, respectively, and t is commuting cost per
mile. J is the number of available urban jobs.
a) Suppose the city is a rectangle 10 blocks wide with the
employment center at one end (it’s an island like Manhattan). The...

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...

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