no handwriting and no copy from chegg no copy other sources only original answers I attached the question

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter9: Monopoly
Section: Chapter Questions
Problem 1QFR
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no handwriting and no copy from chegg no copy other sources only original answers

I attached the question 

2$
10
5
AC = MC
MR
200
500
Figure shows the market for a successful price-fixing arrangement (cartel) between two identical
firms.
a-When the two firms act like one and charge the same price ?
b- What will be the market price?
c- How much each firm will produce and sell quantity?
Transcribed Image Text:2$ 10 5 AC = MC MR 200 500 Figure shows the market for a successful price-fixing arrangement (cartel) between two identical firms. a-When the two firms act like one and charge the same price ? b- What will be the market price? c- How much each firm will produce and sell quantity?
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