What is the Definition of Bid-rent theory?

What is the Definition of Bid-rent theory?

the idea that land is acquired by the highest bidder which is in turn a function of the user who can make the most profit from the site. Usually related to accessibility.

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Label: Geography
Theme: Dictionary of Geography Terms

Other Questions: What is the definition of communication?

What is the Definition of Bid-rent theory in Geographic Terms?

You can find other random definition and meaning of geographic terms below:

What is the meaning of Solution

(1) Form of chemical weathering where rocks and minerals are dissolved by water. Materials entering the mixture can alter the chemical nature of the solution and can increase the strength of this weathering agent. For example, the mixing of carbon dioxide and water can form carbonic acid. (2) The dissolving of a substance into a liquid.

What is the meaning of Source Region

Area where air masses originate and come to possess their moisture and temperature characteristics.

What is the meaning of Southern Oscillation

Reversal of atmospheric circulation in tropical Pacific Ocean that triggers the development of an El Niño.

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