my question

T. (25 points) Suppose that there is a duopoly of two rms (Firm 1 and Firm 2) that faces an industry demand FEW-Q where Q = {h + if: is the total industry output. Assume the costs incurred by each firm are l]. i. Find the quantity produced by each rm in the leader'folloWer problem assuming Firm 1 is the leader and Firm 2 is the folloWer (also called as Stackelberg model equilibrium}. ii. Find the quantity produced by each rm assuming both rms 1 and 2 choose their quantities simultaneously [also called as I{'Joumot equilibrium] iii. Does your answer for parts above make sense? Why or why not'iI Explain in our oWn