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1. Consider a market with 100 potential customers who will buy at most one unit, Their willingness to pay is 100. a) Brown & Co.

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1. Consider a market with 100 potential customers who will buy at most one unit, Their willingness to pay is 100. a) Brown & Co. is the only seller, Ignore costs. What price should Brown charge and how many units are sold? b) A rival seller enters the market and charges x (

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