The equilibrium price and quantity for a collusive oligopoly are determined by the intersection of the _____ curve and the horizontal sum of the short-run _____ curves for the oligopolists.

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In a collusive oligopoly, firms cooperate to act as a monopoly and maximize their profits. The intersection of the marginal revenue (MR) curve and the horizontal sum of the short-run marginal cost (MC) curves for the oligopolists will determine the output level where the industry maximizes its total profit. At this output level, the price will be set where the demand curve intersects the industry's marginal revenue curve. Thus, the equilibrium price and quantity are determined by the intersection of the MR curve and the horizontal sum of the short-run MC curves.

The Equilibrium Price and Quantity for a Collusive Oligopoly Are