Question

The basic urban model we studied assumed a fixed population, agricultural land, and no inter-city migration....

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  

  1. Dwelling size   
  2. Land rent per acre
  3. Building height
  4. Commuting cost per mile   
  5. Rent per square foot of floor space
  6. Total rent   
  7. Income
  8. Population density   
  9. Dwellings per acre   
  10. Distance to the edge of the city                                 
Business   Economics   
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