Use the Following to Answer Question(s): Monopoly Through Collusion

Use the following to answer question(s) : Monopoly Through Collusion

-(Exhibit: Monopoly Through Collusion) The exhibit illustrates the situation in an industry that consists of two firms facing identical demand curves; the demand curve for each firm is D₁.f the firms collude and agree to share the market demand equally, then each firm will act as if its marginal revenue curve is given by:

A) MR₁.
B) 2 x MR₁.
C) MR₂.
D) MC.