Question

Suppose the market for this product is served by two firms who have formed a cartel and are colluding to set the price and quantity in this market. If the marginal cost to produce this product is constant at $40 per unit and there is no fixed cost, then what will the combined profit of the cartel be? a. $24,000 b. $15,000 c. $27,000 d. $63,000

Answer 1

the answer is B

Step-by-step explanation:

because there are less things in the number and if this dos not help you I am sorry I am not good at math