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Question
Suppose two hot dog stores, A and B, position themselves at different ends of a 1000 meters stretch of beach. Assume there are 100 beach goers evenly distributed along the stretch of beach and travel costs are $0.01 per meter. Each consumer will buy exactly one hot dog, regardless of price. Store A charges $1 for its hot dogs and B charges $2 for its hot dogs. The stores face the same cost of $0.5/hot dog.
a. Calculate how many consumers will go to stores A and B, respectively, and the profit for each store.
b. How does the change of transportation costs affect product differentiation and profits of the two stores? Explain.
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You can find numerous incidents on the Latest Health Data Breaches News webpage.
All through other periods of time, Tony seems very "down." throughout these times he does not take care of himself. He seems to want to sleep all the time, and he often makes thinly veiled references to wanting to commit suicide.
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