Chapter 10

1.  What is the difference between land rent and the market value of land?  What is the mathematical relationship between the two?

2.  What is the leftover principle?

3.  Show graphically how manufacturing rent was determined prior to the introduction of the intracity truck.

4.  Show graphically and explain how manufacturing rent was affected by the introduction of the intracity truck.

5.  Show graphically how the intercity truck and beltways affected manufacturing rent.

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Chapter 11

1.  Show graphically how the willingness to pay for office space at different locations is determined.

2.  Show graphically how commuting mode affects the willingness to pay for office for office space at different locations.

3.  What is the tradeoff as the height of a building increases?

4.  Show graphically and explain how the price of office space is affected by the height of a building.

5.  Show graphically how the profit maximizing height of an office building is determined.

6.   Show graphically how the willingness to pay for office land is determined.

7.   Show graphically and explain how the willingness to pay for office land is affected by greater accessibility.

8.   Show graphically using isoquants how differences in land prices affects the height of buildings.

9.   Show graphically and explain how the competition to have the tallest building can lead to inefficiency.

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Chapter 12

1.   Show graphically the housing-price curve when there is no consumer substitution.

2.  Show graphically the housing-price curve when there is consumer substitution.

3.  Know how the formula for the slope of the housing-price curve leads to a convex curve when there is consumer substitution.

4.  Show graphically how the willingness to pay for residential land is determined.

5.   Show graphically and explain how the willingness to pay for residential land is affected with a move closer to the center of the city.

6.  Show graphically the residential bid-rent function.

7.  Know the impact of consumer substitution and input substitution on population density.

8.  What are the trends in population density within cities, across cities in the U.S., and internationally?

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3.  Show graphically and explain why employment was concentrated in the center of monocentric cities

4.  Show graphically how land use was determined in a monocentric city.

5.  How did innovations in intracity transportation and building construction technology contribute to the development of monocentric cities?

6. How did the intracity truck, intercity truck, beltways, automobiles, single-story plants, and suburban airports affect the decentralization of manufacturing?

7. How did improvements in communication technology affect the decentralization of office employment?

8. How did the increase in real income, decrease in commuting costs, housing, central city fiscal problems, crime, education, and jobs moving to the suburbs affect the decentralization of population?

9. How did the automobile contribute to the suburbanization of retailing?

10. What are the causes of urban sprawl?

11.  What policies encouraged urban sprawl?

12.  What European policies encouraged density and reduced urban sprawl?

13.  What are the consequences of urban sprawl?

14.  What policies can be used to deal with urban sprawl?