If an Oligopolist Is Part of a Cartel That Is

Multiple Choice

If an oligopolist is part of a cartel that is collectively producing the monopoly level of output, then that oligopolist has the incentive to increase production with the aim of

A) increasing prices.
B) increasing profits for the group of firms as a whole.
C) increasing profits for itself, regardless of the impact on profits for the group of firms as a whole.
D) decreasing costs of production.