20
North America
Qty | TC | Marginal Cost |
7 | 3.710 | 0 |
8 | 4.115 | 0.405 |
9 | 4.67 | 0.555 |
10 | 5.295 | 0.625 |
11 | 6.045 | 0.75 |
12 | 7.045 | 1 |
Asia
Qty | TC | Marginal Cost |
12 | 12.845 | 0 |
13 | 12.540 | -0.305 |
14 | 12.945 | 0.405 |
15 | 13.500 | 0.555 |
16 | 14.125 | 0.625 |
17 | 14.875 | 0.75 |
When The Two Producers Collude they will produce 26 units as there Marginal Cost is same which is equal to $0.625
So P= $2 and Q = 26 units
answer is b
19
Profit = Total Revenue - Total Cost
Profit = 2*26 - 14.125-5.295
Profit = 52-19.420 = $32.58
Answer D
Loeconomics Spring 2019 Two producers of high grade ink for fountain pens have conspired and colluded...