Oligopoly Cartel Problem in Econ - Two Homogeneous companies. The details are included in the attached info. I am not sure how to solve for Q and P. If I use the P=32-Q and solve for various Q1 and Q2 I get a far different answer than if I us MC and solve using similar formula. I need help in how to understand the formula use and when and how to solve for items. Can someone show me how to properly complete the attached items. Guessing someone who knows this material could do the work in 30 minutes.
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