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explain proximity-concentration tradeoff in product space (three ingredients to the proximity-concentration trade off in the product space include 1) the vluae of proximinty (how quickly
explain proximity-concentration tradeoff in product space (three ingredients to the proximity-concentration trade off in the product space include 1) the vluae of proximinty (how quickly appeal decreases with distance between product's position and consumer's type) and 2) the value of concentraition (ixed cost of another product), and 3) the distribution of consumer types (the "geography")
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