If an oligopolist is part of a cartel that is collectively producing the monopoly level of output, then that oligopolist has the incentive to increase production with the aim of A. increasing prices. B. increasing profits for the group of firms as a whole. C. increasing profits for itself, regardless of the impact on profits for the group of firms as a whole. D. decreasing costs of production.

B Increasing profits for itself, regardless of the impact on profits for the group of firms as a whole

Explanation:

This is due to the fact that oligopolist cares only about its own profit and this showcase a dominant strategy because monopolistically he has some control over product price.

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.