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Question 03. Consider a Hotelling model in which consumers who wish to purchase one unit each are uniformly distributed on a line from 0 to

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Question 03. Consider a Hotelling model in which consumers who wish to purchase one unit each are uniformly distributed on a line from 0 to 1 and buy from the firm which gives them the best deal, including travel costs and price. Travel costs are I per unit. Firms A and B are located at 0 to I respectively. A has a 1 constant marginal cost of production, c

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