These two images show the same data as Fig. 12.
The price vector is , i.e.,
broker 3 (red) is just undercutting the other two. Therefore, it
gets most of the business. As described earlier, a small number of
consumers that were rejected by broker 3 (those in the very narrow
range ) get
picked up by broker 1 (blue).
, i.e.,
broker 3 (red) is just undercutting the other two. Therefore, it
gets most of the business. As described earlier, a small number of
consumers that were rejected by broker 3 (those in the very narrow
range 
) get
picked up by broker 1 (blue).