(Solution) - Refer to the accompanying figure Because of a cartel agreement -(2025 Original AI-Free Solution)

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Refer to the accompanying figure. Because of a cartel agreement, a firm has been assigned a production quota of q2 units. The cartel price is P2. What do the firm?s profits equal if it adheres to the cartel agreement? What do the firm?s profits equal if it breaks the cartel agreement and produces q3?