Consider the von Thunen Model discussed in class. Alternative uses of one acre of land around a city is summarized as follows (copied from the slides): Remember that land-use pattern around the city is determined by these conditions: land close to the city will become dairy farms; land further away from the city will be wheat farms; and land even further away will be potato fields.

	Revenue	Nonland cost of production	Cost of transportation
Milk	$1000	$200	$80/mile
Wheat	$800	$200	$30/mile
Potato	$600	$200	$10/mile

First draw the bid-rent curves for the three sectors. Mark the intersection points.