Ann and Bruce Each Own a Pizza Store in Frostbite

question 23

Multiple Choice

Ann and Bruce each own a pizza store in Frostbite Falls, Minnesota.Demand for pizza is given by Q = 200 - 10P.Having the only two pizza stores in Frostbite Falls, they attempt to profitably split the market without violating the Sherman Antitrust Act.Each has the cost function C = 50 + 5Q.If Ann and Bruce behave as duopolists, each earns a profit of

• A)$0.
• B)$200.
• C)$500
• D)$500.
• E)$562.50.

---

Definitions:

Palazzo del Tè

A mannerist architectural masterpiece in Mantua, Italy, designed by Giulio Romano, known for its playful and innovative design elements.

Giulio Romano

An Italian painter and architect of the High Renaissance and early Mannerist periods, known for his work in Raphael's school and for his contributions to the Palazzo del Te in Mantua.

Federico Gonzaga

An Italian nobleman and the Duke of Mantua from 1519 until his death in 1540, known for his patronage of the arts during the Renaissance.

Mannerist Version

Refers to an adaptation or work in the style of Mannerism, a European art style from the late Renaissance that emphasized artificiality and stylized forms over naturalistic representation.