Mays's deviation from the collusive agreement causes the price of a can of beer to to $ per can. mays's profit is now $ , while mccovey's profit is now $ . therefore, you can conclude that total industry profit when mays increases its output beyond the collusive quantity.

Total Industry Profit Decreases

Explanation:

Complete question:

Part a & b

In pictures attached

Part c

Mays's deviation from the collusive agreement causes the price of a can of beer to (increase/decrease?) to $___________________  per can. Mays's profit is now $______________, while McCovey's profit is now $______________. Therefore, you can conclude that total industry profit (increases/decreases?)  when Mays increases its output beyond the collusive quantity.

Part a b and c

Monopoly outcome for both working together graph attached in third picture

for the remaining calculations

b) cartel output = 160

individual companies produce

80 cans = $0.60/cane

individual firm's daily profit = Q x (P - ATC) =

individual firm's daily profit=80 x $(0.6 - 0.4) = 80 x $0.2 = $16

Total profit = 2 x $16 = $32

(b) May deviates and increases output to 80 x 1.5 = 120 cans.

Total output = 120 + 80 = 200

Leading price of beer to Decrease to $0.55

May's profit = 120 x $(0.55 - 0.4)

May's profit= 120 x $0.15 = $18

McCovey's profit = 80 x $(0.55 - 0.4) = 80 x $0.15

McCovey's profit= $12

Total profit = $(18 + 12) = $30

therefore

Total Industry Profit Decreases

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.

answer; proclamation of 1763;