Multiple Choice
Table 17-4
The table shows the town of Mauston's demand schedule for gasoline. For simplicity, assume the town's gasoline seller(s) incur no costs in selling gasoline. 
-Refer to Table 17-4. If there are exactly four sellers of gasoline in Mauston and if they collude, then which of the following outcomes is most likely?
A) Each seller will sell 62.5 gallons and charge a price of $1.25.
B) Each seller will sell 62.5 gallons and charge a price of $5.
C) Each seller will sell 100 gallons and charge a price of $2.
D) Each seller will sell 250 gallons and charge a price of $0.
Correct Answer:
Verified
Correct Answer:
Verified
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