Question: This is how the question was presented 26) Consider one ice cream seller has the opportunity to locate five booths somewhere along a beach. Assume

This is how the question was presented

26) Consider one ice cream seller has the opportunity to locate five booths somewhere along a beach. Assume there are 100 people uniformly distributed at the beach. The reservation price is V. Assume every consumer buys. Illustrate the price, the transportation cost, the reservation price and the consumers who buy.

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