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# Tag Info

## Hot answers tagged industrial-organisation

2

A market is covered if all consumers will choose to buy from at least one of the firms at the prevailing prices. For example, consider a standard Hotelling model with two firms who are located at opposite ends of the unit interval. Suppose that each firm charges that same price $p$ and that consumers are uniformly located on $[0, 1]$. Finally, suppose that ...

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