Obviously, every producer would be better off if they could restrict output to monopoly levels a large literature has thought about the sustainability of these cartels. One side has thought about making cheating observable- the other has thought about the ability of a cartel to punish Assume n independent producers, and an infinite time horizon Write profits as r(0,0 as profits based on own production and production of other firmsObviously, every producer would be better off if they could restrict output to monopoly levels. A large literature has thought about the sustainability of these cartels. One side has thought about making cheating observable– the other has thought about the ability of a cartel to punish. Assume N independent producers, and an infinite time horizon. Write profits as  Q,Q as profits based on own production and production of other firms