Slicker is a growing, monocentric city surrounded by 500 miles of farmland in all directions.

 

Land Use Industrial Commercial Residential Amount of Rent Earned Per Acre/Year/Land-Use Type at the Market Center C. $750 $1000 $500 Transport Cost Per Mile $50 $100 $25 a. From the figures listed in the above table, draw the bid-rent curves for the three industries. b. Determine the maximum distance from the market center that land will be used for commercial purposes. (Remember to consult your diagram.) Determine the maximum distance from the market center that land will be used for industrial purposes. d. How far from the center of Slicker City will you expect the agriculture sector to start?