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?
a. (0, 1)
b. (1/2, 1/2)
c. (1/3, 2/3)
d. There is no nash equilibrium.
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