Use the Following to Answer Questions: Table: Three-Country Oil Production

Multiple Choice

Use the following to answer questions: Table: Three-Country Oil Production $$\begin{array} { | c | c | } \hline \text { Total Market Output } & \text { Market Price } \\\hline 600 & 90 \\\hline 800 & 80 \\\hline 1,000 & 70 \\\hline 1,200 & 60 \\\hline 1,400 & 50 \\\hline 1,600 & 40 \\\hline 1,800 & 30 \\\hline\end{array}$$
-(Table: Three-Country Oil Production) Refer to the table. Suppose that three countries are engaged in oil production. For simplicity, assume zero costs so that revenue equals profit. Assume that Country A cheats on the cartel agreement by producing 200 more barrels than the other two countries. What is the resultant profit earned by each of the other two countries?

A) 20,000
B) 30,000
C) 70,000
D) 24,000