Why do competitors open their stores next to one another? - Jac de Haan
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A Beautiful Mind, a film directed by Ron Howard about the life of John Nash, hit the screen in 2001. http://www.imdb.com/title/tt0268978/
Competition is the term used to describe the rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume. http://en.wikipedia.org/wiki/Competition_%28economics%29

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About TED-Ed Animations
TED-Ed Animation lessons feature the words and ideas of educators brought to life by professional animators. Are you an educator or animator interested in creating a TED-Ed Animation? Nominate yourself here »
Meet The Creators
- Educator Jac de Haan
- Animator Luke Rowsell
- Narrator Jac de Haan