The optimal output and price for the cartel shown in the accompanying diagram is:
A) Q = 200 and P = $80.
B) Q = 260 and P = $60.
C) Q = 250 and P = $80.
D) Q = 500 and P = $75.
E) none of the above.

Question

The optimal output and price for the cartel shown in the accompanying diagram is: 
A) Q = 200 and P = $80. 
B) Q = 260 and P = $60. 
C) Q = 250 and P = $80. 
D) Q = 500 and P = $75. 
E) none of the above.

Quizplus · Accepted Answer

The Answer of The optimal output and price for the cartel shown in the accompanying diagram is: 
A) Q = 200 and P = $80. 
B) Q = 260 and P = $60. 
C) Q = 250 and P = $80. 
D) Q = 500 and P = $75. 
E) none of the above.

The Optimal Output and Price for the Cartel Shown in the Accompanying