To maximize cartel profit, the members must allocate output so ...

[tsand2]

To maximize cartel profit, the members must allocate output so that the marginal cost for the final unit produced by each firm is
 a. identical
  b. unequal
  c. negative
  d. equal to the firm's average total cost
  e. maximized

Question 2

Marginal external cost equals marginal private cost minus marginal social cost.
 a. True
  b. False

[flexer1n1]

Answer to Question 1

A

Answer to Question 2

B

[tsand2]

Excellent

[emsimon14]

Thanks for the timely response, appreciate it