Figure 1 -Refer to Figure 1

question 6

Multiple Choice

Figure 1 $\begin{array}{|c|c|}\hline \text { Price } & \text { Quantity } \\\hline € 6 & 0 \\\hline 5 & 1000 \\\hline 4 & 2000 \\\hline 3 & 3000 \\\hline 2 & 4000 \\\hline 1 & 5000 \\\hline 0 & 6000 \\\hline\end{array}$
-Refer to Figure 1. If the duopolists in this football market collude and successfully form a cartel, how much profit will each earn?

• A) €4,500
• B) €4,000
• C) €1,500
• D) €9,000
• E) €3,000

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Definitions:

Bread Molds

Fungi, particularly in the genus Rhizopus, that grow on bread under humid conditions, causing spoilage.

Sac Fungi

A group of fungi characterized by their sac-like structures, called asci, where spores develop.

Mushrooms

Fungi that produce a fruiting body, often umbrella-shaped, which contains spores for reproduction.

Lichens

Symbiotic organisms composed of a fungi and a photosynthetic partner, usually an alga or cyanobacterium, living together in a mutually beneficial relationship.