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Business, 20.11.2019 20:31 lizzyhearts

Suppose that there are customers distributed evenly across a line which runs from 0 to 1. there are two competing vendors that choose where on the line to locate. customers buy from whichever vendor is closest to their location. what is the nash equilibrium?

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Suppose that there are customers distributed evenly across a line which runs from 0 to 1. there are...
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