Quiz on Why Do Competitors Open Their Stores Next To One Another?
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Question 1 of 3
1. Question
1. What is Hotelling’s Model of Spatial Competition?
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Question 2 of 3
2. Question
2. According to the video, why do similar businesses tend to cluster together in a given area?
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Question 3 of 3
3. Question
3. In the video’s example of two ice cream vendors at a beach, what is the point at which neither vendor can improve their position by moving called?
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