Use the Following Case from Question

question 5

Multiple Choice

Use the following case from question
Irene's Dairy is deciding whether or not to enter the market for ice cream,currently monopolized by Mattie's Ice-cream.If it enters the market,Mattie's can either accommodate him and share his 10million in profits equally with Irene or fight him and cause a 5million loss for each in a price war.​
-​What would be the profits for Irene's Dairy in equilibrium?

• A)​5 million loss
• B)5 million
• C)10 million
• D)​20 million

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Definitions:

Fatal

Resulting in death or causing the end of life; extremely serious or deadly.

Alveoli

Minute pulmonary sacs essential for the oxygen and carbon dioxide trade-off.

Emphysema

A chronic lung condition where the air sacs (alveoli) become damaged and enlarged, leading to breathing difficulties.

Paralyzes

Refers to the condition of causing a muscle or body part to lose strength or movement.