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can you please help me to solve these questions 48. EXERCISE 16 Two rms compete as Stackelberg duopolists in a market with inverse demand given

can you please help me to solve these questions

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48. EXERCISE 16 Two rms compete as Stackelberg duopolists in a market with inverse demand given by p = 168 2Q, where p is the per-unit price, q,- is the output for Firm :3 [either Firm 1 or 2), and Q = to +99. Firm 1 has a constant marginal cost of $4 per unit, and Firm 2 has a constant marginal cost of $8 per unit. Assume no xed costs. What is the optimal output for Firm 1? 49. What is the optimal output for Firm 2? 50. What is the equilibrium price in this market? 51. What is the prot of Firm 1? 52. What is the prot of Firm 2? 53. EXERCISE 17 Two Cournot duopoh'sts oompete in a market with inverse demand given by p = 56 249, where p is the per-unit price, :3,- is the output for rm 2' (either rm 1 or rm 2), and Q = q1 + (12. Both rms face constant marginal costs of $2 per unit. Assume no xed costs. What is the optimal output for rm 1? 54. What is the optimal output for rm 2? 55. What is the equilibrium price in this market? 56. What is the prot of Firm 1? 57. What is the prot of Firm 2

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