Two Firms,Alpha and Beta,produce Identical Computer Hard Drives

Multiple Choice

Two firms,Alpha and Beta,produce identical computer hard drives.They have identical costs,and the hard drives they produce are identical.The industry is a natural duopoly.Alpha and Beta enter into a collusive agreement,according to which they split the market equally.If both firms cheat on the agreement so the market is the same as a competitive market,

A) each firm makes zero economic profit in the long run.
B) each firm makes the monopoly profit.
C) the oligopoly will produce fewer hard drives than a profit-maximizing monopoly would produce.
D) the oligopoly will produce the same number of hard drives as a profit-maximizing monopoly would produce.
E) each firm incurs an economic loss and exits the market in the long run.