A duopoly faces a market demand of p = 240 - Q. Firm 1 has a constant marginal cost of MC1 = $20. Firm 2's constant marginal cost is M02 = $40. Calculate the output of each rm, market output, and price if there is (a) a collusive equilibrium or (b) a Cournot equilibrium. The collusive equilibrium occurs where q1 equals D and q2 equals . (Enter numeric responses using real numbers rounded to two decimal places) Market output is The collusive equilibrium price is $D. The Cournot-Nash equilibrium occurs where 111 equals D and q2 equals D. Market output is Furthermore, the Cournot equilibrium price is $|:|