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Figure 11.2 Use the following to answer question: Figure 11.2   -(Figure 11.2)  The graph depicts the market demand curve for a two-firm industry with no fixed costs. Suppose that the two firms are colluding by acting like a monopolist, with each firm producing half the market output. If one of the firms cheats on the cartel agreement and produces an additional unit of output, its profits will rise from: A)  $16 to $18. B)  $32 to $36. C)  $24 to $32. D)  $8 to $12.
-(Figure 11.2) The graph depicts the market demand curve for a two-firm industry with no fixed costs. Suppose that the two firms are colluding by acting like a monopolist, with each firm producing half the market output. If one of the firms cheats on the cartel agreement and produces an additional unit of output, its profits will rise from:


A) $16 to $18.
B) $32 to $36.
C) $24 to $32.
D) $8 to $12.

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