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Which of the following statements BEST explains the concept of the Bid-Rent Theory of urban development?


City population density is highest in the urban area and lowest in the suburbs due to accessibility of places in the suburbs.


City land value is the highest since the competition for land is highest near the Central Business District.


Suburban development is independent of the growth of the Central Business District, allowing for more centralized growth overall.


Middle-class housing exists in the urban core area because the middle class can afford the commutes into the core area of the city.


Larger houses are located in the suburbs because suburbanites have higher incomes.

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