Consider an oligopoly market with the following demand: Q = 70 - P, Suppose that there are three firms in the market, such that Q Q1 + Q2 + Q3. All firms have the same cost curve: TCi = 10Qi a. Suppose the market is characterized as an Cournot game. Find the equilibrium output of each firm, industry output, and market price. Show your work. b. Suppose the market is characterized by a Stackelberg game where firm 1 is the leader, firm 2 then follows, and firm 3 moves last. Find the equilibrium output of each firm, industry output, and market price. Show your work. c. Which market structure results in greater economic welfare?