Solution-Relative slopes of the bid-rent curves for groups

Relative slopes of the bid-rent curves for groups

Assignment Help Business Management

Reference no: EM131465969

Can someone please help me with the following questions that deal with regional economics?

1. Some economists have hypothesized that cities will reach some optimal size as firms and people move to or away from them. Why might a city never reach this theoretical optimal size? Do cities tend to grow larger or stay smaller than their theoretical optimal size?

2. If the output from a land source brings revenue of $1100, transport costs of shipping this output to the market are $100, non-land payments are $200 and the land used in production is 4 acres, what will the possible rent for this land be according to the von Thunen model?

3. Suppose that we can identify the following four groups of people in a society: Students, retirees, families with two working parents with no children and families with one working parent with children. In your opinion, what will be the relative slopes of the bid-rent curves for these groups? Explain your opinion fully.

Reference no: EM131465969

Questions Cloud

State the definition of an algorithm : State the definition of an algorithm and define specific attributes that must be possessed by an algorithm

Find the required feeds of the solution and benzene : Pure ethyl alcohol is produced by feeding a distillation column a 40% alcohol solution (the remainder water) mixed with benzene.

Each station in group caused worst-case behavior: : In the penny fab, batching the pennies together to move through each station in a group caused worst-case behavior:

Recall your favorite activities-hobbies : communicate any actions you might take to increase your current level of physical activity or any choices you might make that would promote a healthy lifestyle

Relative slopes of the bid-rent curves for groups : Students, retirees, families with two working parents with no children and families with one working parent with children.

Determine the rate of production and its composition : An ethanol plant distills alcohol from com. The distiller processes 2.0 t/h of feed containing 15% alcohol and 82% water; the rest is inert material.

What are some personal values that influence your culture : What are some universal values that influence your culture? What are some personal values that influence your culture?

Benefits and services to an increasingly diverse workforce : As employers strive to offer benefits and services to increasingly diverse workforce, they sometimes encounter backlash from employees who resent their policies

Determine the rate of production of the distilled product : In a distil Jation process 550 lbm/h of a benzene, toluene, and water mixture is fed to the distiller. This feed contains 2.0(101 )% toluene.

User Account

All Pages

Relative slopes of the bid-rent curves for groups

Reference no: EM131465969

Reference no: EM131465969

Questions Cloud

Reviews

Write a Review

Business Management Questions & Answers

Caselet on michael porter’s value chain management

Mountain man brewing company

Mountain man brewing company

Analysis of the case using the doing ethics technique

Affiliations and partnerships

Innovation-friendly regulations

Effect of regional and corporate cultural issues

Structure of business plan

Identify the purposes of different types of organisations

Entrepreneur case study for analysis

Forecasting and business analysis

Educational instructional leadership

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT