Question: A 5-member commodity cartel faces the demand curve: P = 60 -.4Q. Each member can produce output at (constant) AC = MC = $20 per

A 5-member commodity cartel faces the demand curve: P = 60

A 5-member commodity cartel faces the demand curve: P = 60 -.4Q. Each member can produce output at (constant) AC = MC = $20 per unit. How much profit does each member make? Enter as a value

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