-The Figure Above Shows a Market That a Cartel Controls

Multiple Choice

-The figure above shows a market that a cartel controls.If the firms in the cartel produce ________ units,they will ________.

A) 5; maximize joint profits
B) 5; minimize joint costs
C) 10; create a deadweight loss
D) 10; maximize joint profits
E) between 5 and 10; generate an efficient outcome