Consider the horizontal differentiation model of “Linear City” the consumers are uni- formly distributed on the segment [0.1]. Consumers have a transport cost td where d is the distance traveled. All consumers have a valuation s and the marginal cost of producing the good is c. The fixed cost to open a store is f for every location.
1
a) How high would have to be s for a monopolist located at 1/2 decided to put a price at which all consumers are served?(All decide to eat).
b) If F = t and the monopolist must decide between one or two locations, how many locations 2
would it choose? What will be its profit?
Thanks in advance
You are Here:
Home
> Forums
>< Study Help
>< Social Science and Social Care Academic Help
>< Economics study help
|
Can anyone help me out with this industrial economics question? watch
-
Econ-Student11
- Follow
- 0 followers
- 2 badges
- Send a private message to Econ-Student11
- Thread Starter
Offline2ReputationRep:- Follow
- 1
- 22-02-2018 21:20
- The Ultimate "OMG Help me with my EE" Thread
- AS Chemistry- helping each other out!
- A2 Economics - F585 The Global Economy 3 June 2014
- OCR 2888: Economics in a European Context
- Edexcel Economics A Official Thread 2017
- Edexcel A2 Economics Unit 4 6EC04 (June 23rd 2016) Exam ...
- Edexcel A2 Economics Unit 3 6EC03 (June 11th 2015) Exam ...
- AQA Economics Unit 4 (ECON4) 10th June 2014
- WJEC Geography (AS & A2) help/discussion thread!
- AQA Unit 3 Economics ECON 3 4th June 2013
-
University of Sheffield
-
Royal Holloway University of London
-
University of Buckingham
-
Philosophy, Politics and Economics
University of Essex
-
GSM London
-
University of Liverpool
-
Business Economics/Politics (SocSci)
University of Glasgow
-
Environment, Economics and Ecology with a year in industry
University of York
-
Financial Economics and Accounting (Including Placement Year)
University of Essex
-
University of Buckingham
We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.
- F1's Finest
- rayquaza17
- davros
- charco
- Gingerbread101
- Kvothe the Arcane
- TeeEff
- The Empire Odyssey
- Protostar
- TheConfusedMedic
- Notnek
- Mr M
- nisha.sri
- claireestelle
- Doonesbury
- furryface12
- Amefish
- harryleavey
- Lemur14
- brainzistheword
- Rexar
- Sonechka
- TheAnxiousSloth
- EstelOfTheEyrie
- CoffeeAndPolitics
- Changing Skies
- an_atheist
- Labrador99
- EmilySarah00