Suppose andrew and beth form a cartel and behave as a monopolist. The profit maximizing price is $___ per gallon and total output is ____gallons

Aplia Homework: Monopolistic Competition and Oligopoly X Price Quantity Demanded Total Revenue (Dollars per gallon) (Gallons of water) (Dollars) 3.60 0 0 TED 3.30 35 116 3.00 70 A-Z Catalog 210 2.70 105 284 Offers 2.40 140 336 2.10 175 368 ptions 1.80 210 378 e Success Tips 1.50 245 368 1.20 280 336 r Success Tips 0.90 315 284 0.60 DED FOR YOU 350 210 0.30 385 116 udy Tools 0 420 0 OFN pols for Principles of ics Suppose Andrew and Beth form a cartel and behave as a monopolist. The profit-maximizing price is is $1.50 per gallon, and the total output S 350 gallons. As part of their cartel agreement, Andrew and Beth agree to split production equally. Therefore, Andrew's profit is , and Beth's profit is $