3. Suppose that there are two firms in the domestic olive oil industry. The marginal cost curve of first firm, Leader Oil, is MCI(Q1) = .20 Q1 and the marginal cost curve of the second firm, Follower Oil, is MC2(Q2) = .25 Q2. Quantity (Q) is measured in millions of gallons per year. Demand per year for olive oil is Q" = 120 -2P. Quantity (Q) is measured in millions of gallons per year and price (P) is measured in dollars per gallon. a) If both firms are price takers, then what are the supply curves of each firm? What is the industry supply curve? If the two firms behave as price takers, then what will be the price and quantity that clear the market