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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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Fixed Locations (A=25, B=75), Competing on Prices: Part Ill 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. All the gloves are off! What will happen now? WTP PROFIT PROFIT $125.00 $281.25 A B 25 75 BOARDWALK LENGTH (FEET) Angela's Price Bob's Price $ 10 $ 8.75 Please enter a full US Please enter a full US currency value currency value 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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