GGR252H1 Lecture 11: Lecture 11.docx
Document Summary
Bid rent model where people are found based on income. Mississauga, brampton: education & income very closely correlated, higher education = higher income, 3 factors for social economic groups : income , education and occupation, 21. 5% of all households is one person living alone , now approaching. 30: concept of demographics : ages , sex especially life style. When looking at the consumer from the supply side, you need 3 or 4 consumers to buy your product than one high income individual. Age specific births into the pyramid/population by sex. Population at risk (likely to have children)
