Suppose that four identical airlines compete for customers on flights between Chicago and Los Angeles. The direct market demand function is given as Q(P) : 420 - P, where P is the dollar cost of a one-way flight and Q is measured in thousands of passengers flown one way per quarter across all four airlines. Each airline has a constant marginal cost of $ 110 per passenger per flight. We want to determine the equilibrium quantity and price, as well as the fixed costs, that are associated with the long-run equilibrium, assuming that this is a monopolistically competitive market. To determine the equilibrium quantity and price, use the Cournot model. Hint: you can use the shortcuts for the generalized linear Cournot model given in lecture. The Cournot equilibrium quantity for each firm: q = thousand passengers per quarter. (Enter your response rounded to two decimal places.) The Cournot equilibrium market price: P=$ per passenger. (Enter your response rounded to two decimal places.) There would be four firms operating in the monopolistically competitive market in the long-run if the fixed cost for each firm (F) was: F =$ thousand per quarter. (Enter your response rounded to two decimal places.)