_{USE THE FOLLOWING INFORMATION FOR THE NEXT THREE QUESTIONS:}

_{Consider a Cournot duopoly involving firms A and B, where the demand is given by P = 220 - qA - qB and both firms have marginal cost of 10. Suppose that firm A thinks that firm B will choose qB = 90}.

_{If the two firms colluded perfectly, dividing the market between them, what would be their individual profits? (round to the nearest penny)}

_{Group of answer choices}

_{a. 11,025}

_{b. none of the other choices is correct}

_{c. 5,512.50}

_{d. 3,037.50}

_{e. 5,011.11}