Reference: Ref 15-7 (Table: Oil Output) Refer to the table. If both countries abide by the cartel agreement (i.e., not cheat):
A) each country earns $78.
B) each country earns $65.
C) Iraq earns $89 and Iran earns $60.
D) Iraq earns $60 and Iran earns $89.

Question

Reference: Ref 15-7 (Table: Oil Output) Refer to the table. If both countries abide by the cartel agreement (i.e., not cheat):
A) each country earns $78. 
B) each country earns $65. 
C) Iraq earns $89 and Iran earns $60. 
D) Iraq earns $60 and Iran earns $89.

Quizplus · Accepted Answer

The Answer of  Reference: Ref 15-7 (Table: Oil Output) Refer to the table. If both countries abide by the cartel agreement (i.e., not cheat):
A) each country earns $78. 
B) each country earns $65. 
C) Iraq earns $89 and Iran earns $60. 
D) Iraq earns $60 and Iran earns $89.

Reference: Ref 15-7 (Table: Oil Output) Refer to the Table