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******* PLEASEEE Illustrate with a graph.************ Consider a residential city that initially has no controls on urba

Posted: Sun May 29, 2022 7:37 pm
by answerhappygod
******* PLEASEEE Illustrate with a graph.************
Consider a residential city that initially has no controls on
urban growth. Its radius is expected to increase from six miles to
nine miles. Suppose the city announces a new growth boundary at its
current radius (six miles). Your job is to develop a self-financing
program under which landowners who gain from the boundary
compensate landowners who lose. For each of the following
individuals, indicate whether he o she will be a compensator or
compensate, and whether the payment will be relatively large or
relatively small. Illustrate your answers with a graph.
a. Bennie owns land 3 miles from the city center. He is a compensat
[or, ee], and the payment will be relatively [large, small].

b. Remus owns land 6.5 miles from the center. He is a compensat
[or, ee], and the payment will be relatively [large, small].
c. Margie owns land 8.5 miles from the city center. She is a
compensat [or, ee], and the payment will be relatively [large,
small].