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Question 1: Suppose that Firm A and Firm B are two of the largest producers of a special pool-cleaning robot. Suppose that the marginal cost of making such a robot is constant at $1,000 per unit and there is no start- up cost. Fixed costs are zero. The demand for the robot is described by the following schedule. a. If the market for the robots was perfectly competitive, what would the price and quantity be? b. If there were only one supplier (monopoly robots, what would the price and quantity be? c. If two firms formed a cartel, what would be the price and quantity? If two firms split the market evenly, what would be Firm A's production and profit? cartel agreement? d. What would happen to Firm A's profit if it increased its production by 1,000 while Firm B stuck to the Price Quantity TR MR TC Me (in 000's) (in 000's) kin 000's) (in 000's) kin 000's) (in 000's) 40,000 5.000 2 6 42.000 6.000 42:000 7.000 40.000 9 36,000 10 30.000 10,000 -8 11 22,000 12 12.000 12,000