Multiple Choice
Table 17-8
For a certain small town, the table shows the demand schedule for water. Assume the marginal cost of supplying water is constant at $4 per bottle and there are no other costs.
-Refer to Table 17-8. If there are two suppliers of water, Victor and Sami, and if they have successfully formed a cartel and split the market evenly, then how many bottles will Sami supply?
A) 100
B) 200
C) 300
D) 400
Correct Answer:

Verified
Correct Answer:
Verified
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