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Suppose there are two types of businesses in a city, carrot farmers and egg farmers. Draw the land rent gradient for these two types of
- Suppose there are two types of businesses in a city, carrot farmers and egg farmers. Draw the land rent gradient for these two types of businesses. Which will locate closest to the city center, and why? Draw the boundaries for where each type of firm will locate. Be sure to properly label all parts of your graph
- (15 points) In question 6 above, suppose there is a natural disaster that destroys the refrigeration technology that keeps eggs cool on the refrigerated truck. Draw what happens to the land-rent gradient curve(s) in your diagram from question 6. What happens to the boundaries of the locations for each type of firm? Please draw this in a NEW graph. Include the original land rent gradients from question 6 above, along with your new land rent gradient(s). Be sure to properly label all parts of your graph.
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