Only two firms, Loft and Eagle produce golf balls. The table below shows the demand curve for packages of golf balls. Each firm has the same constant...

Only two firms, Loft and Eagle produce golf balls. The table below shows the demand curve for packages of golf balls. Each firm has the same constant marginal cost of $2 (and no fixed cost). If Loft and Eagle operate to jointly maximize profits, then what is the price?

Refer to the table in the previous problem. Loft and Eagle agree to maximize joint profits, but now, while Loft produces the agreed upon amount, Eagle breaks the agreement and produces 25 more than agreed. How much profit does Eagle make?

A. 375$              B. 300$                          C. 250$                          D. 225$