Suppose that there are only two firms ,Ace and pace ,producing nectar ,and they decide to act as a monopoly and share the market equally a) what is the price and output and their total joint revenue.B) is a matrix table . I) show in cell A the amount of total revenue each will receive if they stick to the agreement.11) suppose that Ace believe that Pace will honour the agreement by maintaining his present output , however Ace decided to cheat and increase his output by one -half. What will be Ace and pace total revenue? Show results in cell b (111) Now assume that the position are reserved and that pace decides to cheat while assuming to stick to the agreement. Show Ace and pace resulting revenue in cell C 1V)finally in cell D show the total revenue of Ace and pace if they both cheat . Please right answers I missed all at first attempt