Consider a Cournot Duopoly model. The inverse demand for their products is given by P = 200 − 6Q, where Q is the total quantity supplied in the market (that is, Q = Q1 + Q2). Each firm has an identical cost function, given by T Ci = 2Qi, for i = 1, 2. (a) In the Cournot model, what does each firm choose? (b) What is the timing of each firm’s decision? (c) Find the Nash equilibrium quantities (Q∗1, Q∗2)? (d) What is the equilibrium price? Just help with c and d here pleas

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