The bid-rent curve has a negative slope because the activities balance the bid-rent with the cost of transportation to the point of attraction. Farther distances require greater transportation cost and thus reduce the amount of rent that can be paid. The bid-rent curve indicates why rents, and by inference land values, tend to be higher near central locations. Â« Better Business Bureau | big business Â». Permalink: http://glossary.econguru.com/economic-term/bid-rent+curve.
Recursion in computer programming is exemplified when a function is defined in terms of simpler, often smaller versions of itself. The solution to the problem is then devised by combining the solutions obtained from the simpler versions of the problem.
A recursive structure is one in which a constituent dominates another instance of the same syntactic category. Recursion is an important notion in linguistic theory, playing an important role in accounting formally for linguistic creativity.All known human languages, and some human thought processes, have recursive properties.n (1) is a small set of recursive rules (the arrow âââ stands for âcan consist ofâ). What makes these rules recursive is that X is the output of (1b) and also the input to (1a) and (1b). The rules state that an X can consist of a Y (1a) or an X followed by a Z (1b).