What will the price be if five firms that are the only producers of a product form a cartel and charge a uniform price,if marginal costs are constant at $36 and the demand for the product is as follows? (Hint: MR = 100 - 4Q.) 
Definitions:
Class
In object-oriented programming, a template for creating objects that defines a common set of properties and methods for those objects.
Compilers
Programs that translate source code written in a high-level programming language into machine code that a computer can execute.
Software Development Life Cycle (SDLC)
A process for planning, creating, testing, and deploying an information system.
CAD Program
A software tool used for computer-aided design and drafting (CADD) that allows users to create, modify, analyze, or optimize a design.
Q7: The standard of living in the industrialized
Q19: The fact that surgeons receive higher hourly
Q24: The sensitivity of the quantity demanded to
Q27: Liberals<br>A) argue that the role of the
Q31: The Turnpike Commission estimates that the price
Q32: It is argued that measures taken to
Q39: An advantage of proprietorship is that the
Q41: Gross domestic product is<br>A) a measure of
Q45: A demand-estimating procedure in which a firm
Q47: The concept of value added<br>A) is not