Consider two industries on a von-Thunen plain. Their bid-rents for land as a function of distance (s) to the center of the city, the only place they can sell their outputs, are Industry 1: R1(s) = 17 3s Industry 2: R2(s) = 12 2s 1. Discuss the locations of the two industries. 1 2. Suppose a third industry appears. Its bid rent is Industry 3: R3(s) = 104s. What happens to the location patterns over space? (Hint: draw a graph).