docs.google.com Ca C + in My Drive Share File Edit View Insert Format Tools Extensions Help A 100% Normal text Garam... - 12 + B I E Editing 8 . The following diagram presents various possible levels of output for Apple and RIM cell phones. Possible quantities that Apple produces are indicated along the leftmost, vertical column in bold. Possible quantities Summary + that RIM produces are indicated along the topmost, horizontal row in bold. The profits that each firm earns, as a function of the output of each firm, are indicated in the matrix. For example, if Apple produces 90 units and RIM produces 60 units, then Apple earns 13 and RIM earns 7: The left number in each location is the profit Apple earns and the right number is the profit that RIM earns. Outline Headings you add to the document will RIM appear here. Apple Quantity 100 90 80 70 60 50 40 30 20 10 0 100 40,40 -35,-25 -30,-10 -15,-5 0.0 15.5 30,10 35,15 60,20 75,25 120,0 90 -25,-35 -20,-20 -12,-8 0,0 13,7 25, 15 30,20 55,25 70,30 100,20 140,0 80 -10,-20 -8,-12 0.0 11.9 22, 18 26,24 50,30 65,35 90,30 120,20 160,0 70 -5,-1. 0,0 9,17 20,20 28,22 45,35 76,34 92,28 100,40 140,20 140,0 60 0.0 7,13 18,22 22,28 40,40 75,35 90,30 115,25 140,20 125,15 120,0 50 3,15 15,25 24,26 35,45 35,75 60,60 85,65 100,60 100,40 100,20 100,0 40 10,30 20,30 30,50 34,76 30,90 65,85 80,80 80,60 80,40 80,20 80.0 30 15,35 25,35 35,65 28,92 25,115 60,100 60,80 60,60 60,40 60,20 60.0 20 20,60 30,70 30,90 40,100 20, 140 40,100 40,80 40,60 40,40 40,20 40.0 10 25,75 20, 100 20,120 20, 140 15,125 20,100 20,80 20,60 20,40 20,20 20.0 0, 120 0,140 0, 160 0, 140 0,120 0,100 0,80 0,60 0.40 0,20 0,0 a. If Apple is a monopolist (i.e. RIM produces zero output), how many units does Apple produce? (5) b. If both firms operate in this market, what is the Courot-Nash equilibrium?(5) c. If both firms operate and form a Cartel, what are the possible combinations of output?(5) d. If Apple thinks that RIM will adjust its output dependent on how much Apple produces, how much should Apple produce