Reconsider the previous question. Suppose improvements in transportation reduce the cost of travel for office workers to $1.00. What will happen?

Retail space will move closer to the CBD since office space will move further from the CBD.

Office space will crowd out some retail space.

Office space will crowd out some warehousing space.

Suppose you have the following data for three different sectors: Office, Retail, and Warehousing. Input this information into Excel (Hist: use our Land Use Excel sheet discussed in the lecture videos), and determine the following: How far (assume miles) from the CBD will retail start to dominate land use? 16 miles from the CBD. 0 miles from the CBD. Retail will not locate in the particular geographic market. 28 miles from the CBD