Suppose Acme and Mega Produce and Sell Identical Product with Zero

question 52

Multiple Choice

Suppose Acme and Mega produce and sell identical product with zero marginal and average cost.Following is the market demand and marginal revenue curves for the product.
Refer to the figure above.If Acme and Mega decide to collude and work as a pure monopolist such that each firm will produce half the quantity demanded by the market,what will be the economic profit for Mega?

• A)$0
• B)$50
• C)$100
• D)$150

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Definitions:

Emotive Sequence

A series of emotional reactions that follow a particular stimulus, potentially leading to varied behaviors based on emotional states.

Sensory Sequence

The order in which sensory information is processed or experienced, often relevant in understanding learning and perception.

Associative Strength

The measure of how strongly two ideas or stimuli are linked in the mind.

Bright Blue Light

Light within a specific wavelength range of the visible spectrum, known to influence circadian rhythms and alertness.