Quantity 50 100 150 200 250 300 350 400 450 500 Price ($) 200 180 160 140 120 100 80 60 40 20 0 The above table presents the Demand Schedule for iPad plan services. Suppose the market for iPad plans is a duopoly and the two firms in the market are AT&T and Verizon. Both AT&T and Verizon offer the same iPad plans. Assume a constant marginal cost of $50 and no fixed costs. if AT&T and Verizon collude, how much profit would Verizon ear? Verizon would cam a profit of $25000 Verizon would earn a profit of $12500 Verizon would earn a profit of $14000 Verizon would eam a profit of $7000