TOPIC 1 Your favorite place
Please share your favorite place in Japan or New Zealand.
TOPIC 2 Why do competitors open their stores next to one another?
Q1 If you started a retail business, would you prefer to be in a community with no competition or a community with several other retail businesses just like yours? Why?
Q2 Why is competition good for customers? Can you describe a time when you have purchased a product or service only to find that a competitor had a better deal? What did you do?
Q3 What is a Nash Equilibrium?
Q4 How does a Nash Equilibrium affect consumers?