Why Is China's Urban System Such a Good Example of Central

question 61

Multiple Choice

Why is China's urban system such a good example of Central Place Theory?

• A) because China's urban system is balanced, with sizable cities relatively evenly spaced and no city overshadowing others
• B) because a Chinese geographer developed Central Place Theory based specifically on China's urban system
• C) because China's urban system was carefully planned by the country's communist leaders based on Central Place Theory
• D) because China's urban system has a primate city in each of its provinces
• E) because China's urban system is constantly expanding into the rural hinterlands

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Definitions:

Economic Costs

The total expenses incurred in production, including both explicit costs like wages and implicit costs such as opportunity costs.

Total Revenue

Total Revenue refers to the total receipts from sales of goods or services.

Economic Profit

The profit a business makes after deducting both its explicit and implicit costs, including opportunity costs.

Normal Rate of Return

The standard profit or return that is anticipated on an investment, considering the levels of risk and market conditions.