Refer to the Information Provided in Figure 14

Multiple Choice

Refer to the information provided in Figure 14.1 below to answer the question(s) that follow. Figure 14.1
-Refer to Figure 14.1. Four firms that produce chewing gum form a cartel. The cartel faces the market demand curve given by D. At the profit-maximizing output, the total cost for the cartel is

A) $3,000.
B) $3,720.
C) $4,800.
D) $5,600.