GEO 106 Lecture Notes - Lecture 10: Urban Land, Production Function
24 Oct 2017
School
Department
Course
Professor
Document Summary
It starts off with descriptions and explanations of one of the most fundamental features of cities - different land uses. This is something you all recognize - that cities have different land uses: commercial, industrial, residential, institutional, transportation. The question is : are there any patterns and is there any rhyme or (especially) reason behind them. Bid rent theory was first postulated in the late 1700s by johan von thunen, a wealthy. He wondered why only certain crops were grown in certain area y his tenant farmers. He thought that transportation costs on various crops would govern what was grown where, and these transportation costs along with the market price of products, would give rise the the land use patterns he saw on his estate. A particular piece of land will be used by that activity that can pay the highest net rent.
