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The Optimal Output and Price for the Cartel Shown in the Accompanying

question 6

Multiple Choice

The optimal output and price for the cartel shown in the accompanying diagram is: The optimal output and price for the cartel shown in the accompanying diagram is:   A)  Q = 200 and P = $80. B)  Q = 260 and P = $60. C)  Q = 250 and P = $80. D)  Q = 500 and P = $75. E)  none of the above.


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