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I AM INCLUDING THE DATA FROM PROBLEM 2 BELOW, HOWEVER, DO NOT NEED THIS ANSWERED, IT IS ONLY FOR REFERENCE FOR THE QUESTION. PLEASE ONLY
I AM INCLUDING THE DATA FROM PROBLEM 2 BELOW, HOWEVER, DO NOT NEED THIS ANSWERED, IT IS ONLY FOR REFERENCE FOR THE QUESTION. PLEASE ONLY ANSWER 3. ATTACHED BELOW IS THE WORK REFERENCING PROBLEM 2
3.- With the same data as in problem 2, suppose that N=2, and prices are now unregulated, so that each vendor chooses its own price. Also, assume that the first vendor is located at point 1, and the second at some point bStep by Step Solution
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