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PDF-Tomaximizeitspro tthecompanywillchoosetheproductionlevelQ.Thecorre-sp PDF document

21c P0 Q01AP0c 2andthecorrespondingpro tisQPcQ0 21c P0P0c 2cQ0P0 41c P024SoweobtainMonopolyQQ0 21c P0PP0c 2Q0P0 41c P02 CartelSupposetwocompaniesRandCputthe

21c P0 Q01A=P0+c 2andthecorrespondingpro tis=Q[Pc]=Q0 21c P0P0+c 2c=Q0P0 41c P02(4)SoweobtainMonopolyQ=Q0 21c P0;P=P0+c 2;=Q0P0 41c P02 Cartel:SupposetwocompaniesRandCputthe

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