Suppose that Coca Company and Pepsi Company have the same cost function and same average cost and marginal cost, which is 54. The market demand function is given by Q=37.50.25P .

1. a)Suppose that both Coca company and Pepsi company enter the China soda market at the same time. Determine outputs and prices for both companies under a Cournot equilibrium.
2. b)Suppose that Coca company entered the China soda market first. One year later, Pepsi company opened its first firm in China. Determine outputs and prices for both companies under a Stackelberg equilibrium.