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What does the points of intersection in a bid rent theory graph represent?

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Answer:

Land users all compete for the most accessible land within the CBD. The result is a pattern of concentric rings of land use, creating the concentric zone model. As you buy land in the CBD its more expensive as you move to the outer suburbs the land prices are cheaper.

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First answer by ID1388771909. Last edit by ID1388771909. Question popularity: 2 [recommend question].

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