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Chapter 6 Urban Land Rent

Chapter 6 Urban Land Rent. Introduction to Land Rent. Market value: amount paid to take ownership Land rent: periodic payment from user to owner. Introduction to Land Rent. WTP for hectare of land = Total revenue - non-land costs Bid rent per hectare = WTP divided by lot size.

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Result bid rent - PowerPoint PPT Presentation

Chapter 6 Urban Land Rent