Given linear demand and homogeneous products, which of the following statements is TRUE? The quantity of production under Stackleberg model is lower than that under Cournot model. In the Stackelberg model, the leader makes more profits than the follower. If MC of firm 1 = $12 and that of firm 2 = $15, the price under Bertrand model = $12. The price under Betrand model is lower than that under Cournot duopoly