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azurebear714Lv1
28 Sep 2019
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
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
Kritika KrishnakumarLv10
28 Sep 2019
