Question: 9. Return to Problem 8. Suppose that one firm decides to cheat on the collusion, assuming that each of the three other firms continue to

9. Return to Problem 8. Suppose that one firm decides to cheat on the collusion, assuming that each of the three other firms continue to one-fourth of the monopoly output. a. Given the deviating firm's assumption, how much will it produce? b. Assuming that its assumption is cor- rect, what will be the industry price and the deviating firm's profit

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