Abstract
This paper contains a reexamination of a location problem in a one-dimensional model. In particular, we approach the question whether the existence of an intermediate location can be excluded. It turns out that the second-order conditions for the profit maximization problem of a competitive or monopolistic firm play an important role in answering this question. The main result of the paper shows that the possibility of an intermediate solution depends to some extent on the market site configuration under consideration.
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