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Free online monopoly multiplayer12/5/2023 Horizontal Differentiation Simulation 2 (Linear city, including price setting) Customers are uniformly distributed along the street and price is regulated. He is competing with another store in a long, narrow city, with only one street, and must decide where to locate. Horizontal Differentiation Simulation 1 (Linear city with fixed prices) In round 3, the fixed production cost increases and the player must decide how to react to that. The player knows that its competitors’ prices are stable and equal to $180k per unit and must decide what price to set and how much to produce. Consumers are also informed about each firm’s price and there are no transportation costs: Consequently, they buy to the firms with the lowest price. From consumers’ perspective, products of all firms are identical. The player manages a small firm that competes with many other on a market. Marginal and fixed costs change from one round to the other. The player is a monopoly on a market, and must decide how many goods to produce and what price to set.
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