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The basic urban model we studied assumed a fixed population, agricultural land, and no inter-city migration. According to the model what happens to each of
The basic urban model we studied assumed a fixed population, agricultural land, and no inter-city migration. According to the model what happens to each of these measures if agricultural land rents were to increase? Give the answer and explain why a. Dwelling size b. Land price per acre c. Building height d. Commuting cost per mile e. $ per sq ft of floor space f. Total rent g. Disposable income h. Population density
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