Source: Adapted from: Pászto V. (2020) Economic Geography. In: Pászto V., C. Jürgens, P. Tominc, and J. Burian (eds) Spationomy. Springer, Cham. Three concepts are at the core of the land rent theory: Rent. A surplus (profit) resulting from some advantages such as capitalization and accessibility. It is based on … Continue reading Land Rent Theory and Rent Curve