Table 17-12
The table shows the town of Driveaway's demand schedule for gasoline. Assume the town's gasoline seller(s) incurs a cost of $2 for each gallon sold, with no fixed cost. 
-Refer to Table 17-12. If there are exactly five sellers of gasoline in Driveaway and if they collude, then which of the following outcomes is most likely?
A) Each seller will sell 50 gallons and charge a price of $3.
B) Each seller will sell 40 gallons and charge a price of $4.
C) Each seller will sell 30 gallons and charge a price of $4.
D) Each seller will sell 30 gallons and charge a price of $5.
Correct Answer:
Verified
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