My textbook had this question: (if it sounds a bit awkward, it\'s because I am t
ID: 1249719 • Letter: M
Question
My textbook had this question: (if it sounds a bit awkward, it's because I am translating from a foreign language)A city called "Ludwig" is monocentric. The rate at which the price of apartments falls there as a function of the distance of the apartments from the central business district, isn't linear.
What can we derive from this fact in terms of the crowdedness of the population as a function of the distance from the central business district?
The answer given in the book is:
The crowdedness of the city is fixed, and has no relationship to the distance from the central business district. In other words, as we go further and further from the central business district, the level of crowdedness of the apartments remain unchanged.
Please explain this. Thank you.
Explanation / Answer
a
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