The table below shows the monthly demand schedule for a good in a duopoly market. The two producers in this market each face $5,800 of fixed costs per month. There are no marginal costs. Quantity Price ($) TR ($) MR ($) 400 30 12,000 3,000 600 25 15,000 1,000 800 20 16,000 ?1,000 1,000 15 15,000 ?3,000 1,200 10 12,000 ?5,000 1,400 5 7,000 ?7,000 1,600 0 0 Instructions: Enter your answers to the nearest whole number. a. If they evenly split the quantity a monopolist would produce, the monthly profit for each duopolist is $ . b. If duopolist A decides to increase production by 200 units, the monthly profit for duopolist A is $ and for duopolist B $ .

The table below shows the monthly demand schedule for a good in a duopoly market. The two producers in this market each face $5,800 of fixed costs per month. There are no marginal costs. Quantity Price ($) Ira (5) MR (5) m m -_-l Instructions: Enter your answers to the nearest whole number. a. If they evenly split the quantity a monopolist would produce, the monthly prot for each duopolist is $ b. If duopolist A decides to increase production by 200 units, the monthly profit for duopolist A is $ and for duopolist B $