1) For a Cournot oligopoly model with n firms facing constant marginal costs c, and market demand P = 1 - Q, where Q is the total quantity demanded in the market, the equilibrium quantity for each firm will be:

1. (1-c)/(n+1)

2. (1+c)/(n+1)

3. (1+cn)/(n+1)

4. (1-cn)/(n+1)

2) For a Cournot oligopoly model with n firms facing constant marginal costs c, and market demand P = 1 - Q, where Q is the total quantity demanded in the market. If the n firms collude successfully, what is equilibrium quantity for each firm:

1.(1-c)/2n

2. (1-c)/n

3. (1+c)/2n

4. (1+c)/n

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