Using urban economics and base economic knowledage

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Using urban Economics and base Economic knowledage to answer these short answers.

a) Why do cities exist? Why don’t we all just live on large lots of land in Texas/rural Ontario/etc? We could be self-sufficient and avoid all the hassles of city life. (b) Why is Las Vegas so much cheaper than Toronto? It is lower rent per square foot of living space, shorter buildings, larger home sizes, lower density. Why? (c) Why is it that all the awesome places to live are so expensive? (d) How could we implement congestion pricing so that it would make all road users better off?(e) I always hear people talking about urban sprawl. What is it people are worried about and what should we do about it?

Reference no: EM131372102

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Using urban economics and base economic knowledage : Why do cities exist? Why don’t we all just live on large lots of land in Texas/rural Ontario/etc? We could be self-sufficient and avoid all the hassles of city life. Why is Las Vegas so much cheaper than Toronto?

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