There is a monocentric town that is shaped in a circle the, Econometrics

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There is a monocentric town that is shaped in a circle the

There is a monocentric town that is shaped in a circle. The yearly rent for land in the CBD there is $36,000 per dunam. The value of the agricultural land on the outskirts of the town is $1,500 per dunam. The cost to travel in the town is $310 per kilometer (round trip).

The crowdedness of the town is:

in the CBD: an average of 10 households for each dunam

on the outskirts of town: an average of 3 households for each dunam

How far - in kilometers - does the town spread?

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Econometrics: There is a monocentric town that is shaped in a circle the

Reference No:- TGS0568196

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Econometrics: There is a monocentric town that is shaped in a circle the

Reference No:- TGS0568196

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