Business, 22.07.2019 22:10 shavonfriend27

)give the assumptions of the hotelling linear or ìmain streetîmodel. (b) if a linear market is 200 kilometers long, there are two suppliers, örm a located 10 kilometers from the left end of the market and örm b located 20 kilometers from the right end of the market, and transportation cost t is 17 per unit distance, what are the equilibrium prices and proöts per örm? assume marginal and average production cost is zero

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)give the assumptions of the hotelling linear or ìmain streetîmodel. (b) if a linear market is 200 k...