Sure. Although Francis and I own competing food trucks, we sell very similar, high-quality lunches. Kim We face the same market demand for our lunches and we have the same costs ($1 per lunch). Here is a summary of our market demand, the corresponding market marginal revenue, and our marginal costs: Samuel In my research on street businesses, I have found that firms want to maximize their profits. Kim, if you and Francis were not competitors, but were instead one firm - a monopoly what would be the profit maximizing number of lunches to make per lunch hour? - We would make a total of 100 lunches to maximize our monopoly profits. We would make a total of 200 lunches to maximize our monopoly profits. Submit Market Conditions Game Theory Matrix Payoff Matrix: Kim's payoffs are aligned on the left and Francis' are aligned on right Francis Low Quantity Francis High Quantity Kim Low Quantity I Kim High Quantity 500 540 500 450 450 480 A 540 480