Consider an Industry with Two Firms Producing Similar Products

Consider an industry with two firms producing similar products.
Mega Corp's total costs are TC = $5,000 + 100 × Quantity.
Big Inc's total costs are TC = $4,000 + 200 × Quantity.
Refer to the information given above.If each firm starts out producing 15 units you would expect that:

A) both firms will continue producing 15 units.
B) Big Inc will be able to charge a lower price than Mega Corp and will produce more than 15 units.
C) Mega Corp will be able to charge a lower price than Big Inc and will produce more than 15 units.
D) Both Mega Corp and Big Inc will reduce the quantities produced and charge higher prices.