Question: submit the answer and then watch the video feedback. Quantity Price Total Revenue (and Total Profit) 250 barrels $25 $6,250 A cartel must agree on
submit the answer and then watch the video feedback. Quantity Price Total Revenue (and Total Profit) 250 barrels $25 $6,250 A cartel must agree on the total output and the output of each firm. If Ollie and Pedro decide to split the market equally, how much profit will each make? a. $0 b. $250 c. $3,125 d. $6,250
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