Use the Table, with Data for Bella and Martin, to Answer
Question 78
Question 78
Multiple Choice
Use the table, with data for Bella and Martin, to answer the question. If Bella and Martin collude, then Bella's price will be _____, and Martin's price will be _____. Table: Bella’s and Martin’s Auto Oil Change Companies Bella’s price =$40 Bella’s price =$55 Martin’s price =$35 Bella’s profit =$4,000 Martin’s profit =$3,500 Bella’s profit =$1,000 Martin’s profit =$5,500 Martin’s price =$50 Bella’s profit =$6,000 Martin’s profit =$1,000 Bella’s profit =$5,000 Martin’s profit =$5,000
A) $55; $50 B) $55; $35 C) $40; $50 D) $40; $35
Correct Answer:
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