Analysts have estimated the inverse market demand in a homogeneous-product Cournot duopoly to be P = 170 2 (Q1 + Q2). They estimate costs to be C1(Q1) = 16Q1 and C2(Q2) = 30Q2. a. Determine the reaction function for each firm. Firm 1: Q1 = Q2 Firm 2: Q2 = Q1 b. Calculate each firms equilibrium output. Firm 1: Firm 2: c. Calculate the equilibrium market price. $ d. Calculate the profit each firm earns in equilibrium. Firm 1: $ Firm 2: $