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We can think a cityas a line of length one. There are two rms, 1 and 2, at either end of this line. The rms
We can think a cityas a line of length one. There are two rms, 1 and 2, at either end of this line. The rms simultaneously set prices p1 and p2 respectively. Both rms have constant marginal costs, c. Each rms aim is to maximize its prot
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