For a Duopoly, the Maximum TOTAL Profit Is Reached When

Multiple Choice

For a duopoly, the maximum TOTAL profit is reached when the duopoly produces

A) more output than the competitive outcome.
B) the same amount of output as the monopoly outcome.
C) an amount of output that lies between the competitive outcome and the monopoly outcome.
D) the same amount of output as the competitive outcome.
E) less output than the monopoly outcome.