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In Hotelling's town, if all firms are required to charge the same price , each consumer buys only one unit of outpu t, and consumers
InHotelling'stown, if all firms are requiredto charge the same price, each consumer buys onlyone unit of output, and consumers areuniformly distributedalong Main Street, is there a Nash equilibrium? If there is describe it.If not, why is there not one?
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