Suppose that the firms collude and become a cartel The best level of output for the cartel as a whole is ___________ the price equals __________ and profits total __________?
Options:
Answer:
Suppose that the firms collude and become a cartel The best level of output for the cartel as a whole is 4 million barrels per day, , 0 million the price equals 4 million barrels per day, , 0 million and profits total 4 million barrels per day, , 0 million.