In a Şweezy Oligopoly (Kinked-demand) model, price stability can exist without collusion in an oligopoly. Two firms "squabble" over a market. In such a model, whenever the price of one firm (Firm-ABC) increases, the other firm's price remained constant. On the other hand, 4.1. whenever the price of Firm-ABC decrease, its rival would reduce the price too to maintain its market share. Suppose that a Firm-ABC's demand curve (and its marginal curve) is represented by the Kinked-demand curve given in the figure below. Also, cost information is provided in the figure: Cost, P ATC /MC 20 18 10 7 5 Deamnd MR 100 200 mavimize its Ambat pricaea. mavimize nrof: av? V IINHShow your steps d. Calculate the maximum profit of Firm-ABC? [Show your steps] e. At what price will the Firm-ABC will be at break-even? Why?

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