Question: Please help with this practice question. A 5-member cartel faces an industry demand curve given by P = 190 - 0.2Q. Each member of the

Please help with this practice question.

A 5-member cartel faces an industry demand curve given by P = 190 - 0.2Q. Each member of the cartel can produce at a constant marginal cost of MC = $1 0. All members ofthe cartel initially agree to restrict output to 90 units per firm (or 450 units total), but then one rm in the cartel cheats and doubles their own output to 180 units. This causes the profit of the cheating rm to increase by $ ,ancl the prot of each of the 4 non-cheating members to decline by $

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