Question: Please explain the correct answer in detail with the mathematical steps necessary to find the answer! Thank you. (Table: Three-Country Oil Production) Refer to the

Please explain the correct answer in detail with the mathematical steps necessary to find the answer! Thank you.

Please explain the correct answer in detail with the mathematical steps necessary

(Table: Three-Country Oil Production) Refer to the table. Suppose that three countries are engaged in oil production. For simplicity, assume zero costs so that revenue equals prot. Assume that country A cheats on the cartel agreement by producing 200 more barrels than the other two countries. What is the resultant prot earned by each of the other two countries

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