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OCR for page 78
M I C R O S I M U L AT I O N O F S I N G L E - FA M I LY R E S I D E N T I A L L A N D U S E 67 260 200 Average Equilibrium Unit Price Average Equilibrium Unit Price 240 180 220 200 160 180 140 160 140 120 120 100 100 0 2 4 6 8 10 12 14 16 0 1 2 3 4 5 6 7 8 Distance to the CBD (miles) Distance to the Nearest Employment Center (miles) (a ) (d ) 260 200 240 Average Equilibrium Unit Price Average Equilibrium Unit Price 180 220 200 160 180 140 160 140 120 120 100 100 0 2 4 6 8 10 12 14 16 0 1 2 3 4 5 6 7 8 Distance to the CBD (miles) Distance to the Nearest Employment Center (miles) (b ) (e ) 260 200 240 Average Equilibrium Unit Price Average Equilibrium Unit Price 180 220 200 160 180 140 160 140 120 120 100 100 0 2 4 6 8 10 12 14 16 0 1 2 3 4 5 6 7 8 Distance to the CBD (miles) Distance to the Nearest Employment Center (miles) (c ) (f ) FIGURE 3 Equilibration results: (a) single employment center and low VOTT, (b) single employment center and medium VOTT, (c) single employment center and high VOTT, (d) multiple employment centers and low VOTT, (e) multiple employ- ment centers and medium VOTT, and (f) multiple employment centers and high VOTT.