·

Ta
- Pso
Costa Revenu $1

ma

cheating in collusive
Oligopoly :

let Firm 'D'Cheats let Firm B'Cheater

it Quote and cheat
May chest
produce larger on
output
a
on
may

output to use
full capacity .

Im
CSR
N
Al
Al

P G AR = MR AR = MR
P 0 O
C A
All
Al O
All O
AC B

O
doo doo Output >
⑧
600 soo outpace
-

If A) B = Net Gai

B) A )
= NetCon .