Exercise 5: Static Cournot Suppose a market has two firms (Cournot duopoly} each of them with its respective cost function: C1011) = t + 2 and Cqz) = 2112 + 44 Each firm sets its output simultaneously Market demand function is given by HQ} = 200 Q where Q = tin + 92. a] (5 points] Obtain each rm's individual level at output 13] (5 points] Mat is the market price? c] [5 points] Compute the HHI for this market