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Economics - Financial Markets
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in our model rent is equel , q=(Wu-Wa)-2tr this simply comes from rent q such that net income anywhere in the city can only be as much as net income elsewhere in the countryside: Wu-2tr-q=Wa. (if this were not ture ,then there would either be immigration or outmigration.) now let the urban boundray r^ denote the inhabited location that is most distant from the CBD: compute r^?
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