If a Is 1/4 and B Is 5/6 in Hotelling's

question 21

Multiple Choice

If a is 1/4 and b is 5/6 in Hotelling's Main Street model, the second firm's market segment is:

• A)1/2
• B)13/24
• C)11/24
• D)5/6

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Definitions:

Advertising Medium

A channel or tool used to convey messages from advertisers to a target audience, including television, radio, print, digital, and outdoor ads.

Audio Capabilities

The range of sound-related features and qualities a device or system can support or produce, such as sound recording, playback, and quality.

Digital Billboards

Electronic displays that use technologies such as LED, LCD, and projection to display advertisements and messages in public spaces.

Conditional Content

Media or information that adapts or changes based on user behavior, preferences, or specific conditions.