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In the Salop's Model, the equilibrium number of firms is?

A. decreasing with fixed costs and decreasing with transportation costs

B. increasing with fixed costs and decreasing with transportation costs

C. increasing with fixed costs and increasing with transportation costs

D. decreasing with fixed costs and increasing with transportation costs

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 Kritika Krishnakumar
Kritika KrishnakumarLv10
28 Sep 2019

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