Table 17-2
Imagine a small town in which only two residents, Abby and Brad, own wells that produce safe drinking water. Each week Abby and Brad work together to decide how many gallons of water to pump. They bring water to town and sell it at whatever price the market will bear. To keep things simple, suppose that Abby and Brad can pump as much water as they want without cost so that the marginal cost is zero. The weekly town demand schedule and total revenue schedule for water is shown in the table below: 
-Refer to Table 17-2. Suppose the town enacts new antitrust laws that prohibit Abby and Brad from operating as a monopoly. How much profit will Abby and Brad each earn once they reach a Nash equilibrium?
Definitions:
Q69: Refer to Figure 17-5. Suppose the outcome
Q76: Refer to Table 17-19. If grocery store
Q80: Game theory is useful to analyze oligopoly
Q169: Refer to Table 17-9. Suppose the market
Q257: Refer to Table 17-34. Does BP have
Q286: Refer to Table 17-7. Assume there are
Q385: An oligopolist will increase production if the
Q395: Refer to Figure 16-12. Does this monopolistically
Q454: Refer to Table 17-6. As long as
Q467: Refer to Table 17-5. If there is