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Tony is a seller of goods that last at most two periods. There are three potential customers, H and L1 and L2, each of whom
Tony is a seller of goods that last at most two periods. There are three potential customers, H and L1 and L2, each of whom wants at most one good. The respective utilities (in money units) they get are in the table below.
Period 1 Period 2 H 1200 500 L1, L2 500 200Step by Step Solution
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