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Consider the network model. There are 5000 potential consumers. For consumer i the willingness to pay is feVi where fe is the fraction of all
Consider the network model. There are 5000 potential consumers. For consumer i the willingness to pay is feVi where fe is the fraction of all consumers who is expected to use the network. Furthermore, assume that vi ~ uniform (0,1600) What is the maximum equilibrium price? Answer format is one numeric value.
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