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Suppose that Jason and Chad each are thinking of opening up a diet coke stand on the fourth floor of this building. Suppose that potential
Suppose that Jason and Chad each are thinking of opening up a diet coke stand on the fourth floor of this building. Suppose that potential customers are evenly spaced on a distance that is normalized to 1. Customers will buy a diet coke from whichever stand requires the least walking. If they are the same distance the customer will flip a coin. This is depicted below. If Jason is currently at 3/4, what is Chad?s best response?
a. | Just right of 3/4 |
b. | 1/2 |
c. | Just left of 1/2 |
d. | Just left of 3/4 |
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