Question: I AM INCLUDING THE DATA FROM PROBLEM 2 BELOW, HOWEVER, DO NOT NEED THIS ANSWERED, IT IS ONLY FOR REFERENCE FOR THE QUESTION. PLEASE ONLY
I AM INCLUDING THE DATA FROM PROBLEM 2 BELOW, HOWEVER, DO NOT NEED THIS ANSWERED, IT IS ONLY FOR REFERENCE FOR THE QUESTION. PLEASE ONLY ANSWER 3. ATTACHED BELOW IS THE WORK REFERENCING PROBLEM 2

3.- With the same data as in problem 2, suppose that N=2, and prices are now unregulated, so that each vendor chooses its own price. Also, assume that the first vendor is located at point 1, and the second at some point b
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