Two firms compete in a Stackelberg oligopoly.The inverse demand function is P = 15,000 - 4Q.The marginal cost of the leader is $2,000 and for the follower is $3,000.What is the total output for this industry?

Group of answer choices

2,520

2,480

2,250

None of the answers listed is correct.

2,375

Consider a rent seeking environment involving a monopoly.The monopoly would be willing to pay for it produce _______.The amount the monopoly is willing to pay is _______ than the amount the consumers are willing to pay in total.The _______ usually win(s).

Group of answer choices

less, less, monopoly

more, less, consumers

more, more, monopoly

less, more, consumers

more, less, monopoly