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Explain the structure of the diagram. What do the patterned and non-patterned rings mean? What is a bid-rent curve? Explain why the bid rent curve
- Explain the structure of the diagram. What do the patterned and non-patterned rings mean?
- What is a bid-rent curve? Explain why the bid rent curve for office activities is steeper than that for warehousing activities.
- What does the slope of the bid rent curve suggest for warehousing activities that choose to locate in or close to the CBD?
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