FIRM A Collude Compete Produce 20m Produce 35m A: $200m profits A: $300m profits Collude Produce 30m B: $300m profits B: $170m profits FIRM B A: $50m profits A: $100m profits Compete Produce 50m B: $400m profits B: $200m profits These two firms are likely to collude only if: Multiple Choice O this is a repeated game. O this is a one-time game. the government regulates this market. O they are the only two firms with dominant market share