- 20 Paiste Two Firme Competing Ala Hotelling With Fired Location And Wymmetrie Constant Marginal Coste Sappen There Web 1 (43.99 KiB) Viewed 56 times
(20 paiste) Two firme competing Ala Hotelling with fired location and wymmetrie constant marginal coste Sappen there web
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(20 paiste) Two firme competing Ala Hotelling with fired location and wymmetrie constant marginal coste Sappen there web
(20 paiste) Two firme competing Ala Hotelling with fired location and wymmetrie constant marginal coste Sappen there web and 1 in which we fire locate the form being at point of being a point - Each firm has a lot to where presents outline of form/product-0.1. parameters that are located between and and are distributed mly went the therapie Come value the product firm. 0,10 and neuradas en to the location of the product which to be a linear function of distance. The land to me that the theraph Indorect utility function to contri- wendentes the price of product 1 thecht located in the between and Each content to the product these that is the distance. Note that the term pret the distance and the location firm -01 For example the consumer located at 05 hat either in --0-3 and 1=1-- Amern where the locaties differentiation of the products among them The demand for each firm depends on the coffee whethe one post between and I that achieve the same stility is the othed. This that the indifferent times 「カーーーーーーーカ of placing and the indiffered to the main Te --"----+*1-7 or replacing - 1 = 1 the different comme determined to be termine 21 Hence the demand for firm on the mass of consumers to the letter of time the height of one) Oil) + while the demand for firm 1 is the most comment the right of (base of 1-2 times the height of me - Note that if- and demand for each firm swath is equal to spread in the graph above. For different values of And/or the indifferent comment located als but will be point between 0 and 1 then the point Find the best respons prex) form=0.1 any that formI choose Hunt mimic profite choon for firmaet pouts, Graps the best respection whether and the boritontal Find the Nashequilibrum Are the equilibrium prices above mal costs Are they can in " I what does that man? Explain 1) What happen to the equilibrium prices on the what you find (polis) Find the potatequim Are the potato other Interpret what you