Figure 5
The diagram shows a horizontal line segment extending from 0 on the left to 1 on the right, with black dots at the endpoints and three internal black dots dividing the segment. The left endpoint is labeled “Restaurant 1,” and the right endpoint is labeled “Restaurant 2.” Above the segment, there are three regions marked with preference conditions. The segment includes three distinct black points placed along the line from left to right as follows: the first at position “x subscript 2,” the second at “x asterisk,” and the third at “x subscript 1.” From 0 to x subscript 2, the inequality “U subscript 1 greater than or equal to U subscript 2” is written. At the central point labeled “x asterisk,” the equality “U subscript 1 equals U subscript 2” is shown. From another point, “x subscript 1,” to the endpoint at 1, the inequality “U subscript 2 greater than or equal to U subscript 1” appears. Below the segment, two blue braces span the line. The left brace covers from 0 to “x asterisk” and is labeled “D subscript 1 of (p),” while the right brace extends from “x asterisk” to 1 and is labeled “D subscript 2 of (p).”Full market coverage. Source: Authors’ own work