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QUESTION 7 Suppose that landowners have the power to restrict X the distance to the edge of the city, in order to increase the land rent they earn. Suppose that, with no restriction, the urban land rent function is given by r= 100-x, where x is the distance in blocks to the CBD. Suppose that agricultural land rent ris equal to 20 The city edge X is

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The usbon land dent bundo) es given bY Where x s the disteC ks to the ceD Gwen that, on =20

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