Figure 17-1
-Refer to Figure 17-1. Suppose this market is served by two firms who each face the marginal cost curve shown in the diagram and have zero fixed cost. The marginal revenue curve that a monopolist would face in this market is also shown. If the firms are able to collude successfully, each firm should earn a profit equal to
A)$1.
B)$2.
C)$4.
D)$6.

Question

Figure 17-1 
-Refer to Figure 17-1. Suppose this market is served by two firms who each face the marginal cost curve shown in the diagram and have zero fixed cost. The marginal revenue curve that a monopolist would face in this market is also shown. If the firms are able to collude successfully, each firm should earn a profit equal to
A)$1. 
B)$2. 
C)$4. 
D)$6.

Quizplus · Accepted Answer

The Answer of Figure 17-1 
-Refer to Figure 17-1. Suppose this market is served by two firms who each face the marginal cost curve shown in the diagram and have zero fixed cost. The marginal revenue curve that a monopolist would face in this market is also shown. If the firms are able to collude successfully, each firm should earn a profit equal to
A)$1. 
B)$2. 
C)$4. 
D)$6.

Figure 17-1 -Refer to Figure 17-1. Suppose This Market Is Served by Is