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Now let's tweak the rules of competition again and introduce a fair fight. Both pizzeria locations are differentiated but fixed (Angela's at 25, Bob's at
Now let's tweak the rules of competition again and introduce a fair fight. Both pizzeria locations are differentiated but fixed (Angela's at 25, Bob's at 75), but, as earlier, we'll allow both pizzerias to compete on price. Given that Bob can respond by revising his price, too, what is the best price for you (Angela's) to charge in this scenario?
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