______Created the Concentric-Zone Model,which Showed How Patterns of Land Use

question 48

Multiple Choice

______created the concentric-zone model,which showed how patterns of land use reflected successive phases of invasion and occupation.

• A)Roderick D.McKenzie
• B)Ernest W.Burgess
• C)Amos H.Hawley
• D)Homer Hoyt

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Definitions:

Socially Optimal

Refers to the most efficient allocation of resources from society's point of view, where social welfare is maximized.

Economic Profits

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, representing the gains from its operations.

Marginal Revenue

The additional income earned by selling one more unit of a product or service.

Toys

Objects designed for play, typically used by children, that can range from simple handmade items to complex electronic gadgets.