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Fast food restaurants tend to cluster together that is on

Fast food restaurants tend to cluster together. That is, on one corner, there may be four similar fast-food restaurants.

a) How game theory explain this behavior?

b) If you were the manager of one of this fast food restaurants, what could you do to maximize profits?

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Microeconomics: Fast food restaurants tend to cluster together that is on

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Microeconomics: Fast food restaurants tend to cluster together that is on

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