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Modeling of a competition of suppliers within the local market of one goods (service)

There has been built a competition imitational model that implements behavior of many consumers and many suppliers interacting within a local market (of some product or service). This model allows to run a computational experiment reflecting the dynamics of sales volumes of each supplier at various initial conditions and parameters. A qualitative analysis of the model has been completed. An issue of applying formalism of Lagrange has been considered. Numerical analysis of the obtained results is completed.