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Oligopoly Analysis Assignment 1. Suppose that the following schedule summarizes the sales (demand) and cost situation confronting an oligopolist: Price $8 810 $12 $14 $16

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Oligopoly Analysis Assignment 1. Suppose that the following schedule summarizes the sales (demand) and cost situation confronting an oligopolist: Price $8 810 $12 $14 $16 $1? $18 $19 $20 Quantity g . , Demanded 9 8 7 6 " 4 3 2 1 Total Cost $128 $110 $94 $80 $68 $58 $50 $44 $40 a. Identity (1*, the prot-maximizing rate of output. and P*, the prot-maximizing price. b. What is maximum prot for this rm

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