Which of the following statements is TRUE? In an oligopoly, Question 4 options: firms always collude to keep prices high. firms always engage in non-cooperative behavior firms always produce some quantity strictly less than perfectly competitive and strictly greater than the monopoly quantity multiple outcomes are possible depending on how firms interact with each otherPrice Quantity Demanded 10 0 9 15 8 20 7 25 6 30 5 35 4 40 3 45 2 50 1 55 0 60 There are two companies offering satellite radio. The aggregate demand schedule for hours of satellite radio listening is shown above, and it is a zero marginal cost industry. If the two companies form a cartel and split production evenly, how much will each firm produce and what price will they charge? (Hint: The cartel will select a quantity that maximizes its combined profits)