Suppose that there are only two firms in the petroleum market Saudi Aramco (SA) and Kuwait Petroleum Corporation (KPC). Demand equation: P = 110-Q For each firm marginal cost MC = $20 (Quantity of outcome (qSA). Price (PSA), Profit (TSA)), (Quantity of outcome (QKPC), Price (PKPC), Profit (TKPC)) Q=9SA +9KPC Suppose that the firms cooperate to act as a monopoly and want to form an OPEC cartel in the market, then: a. What are the objectives of this cartel? b. Calculate: Quantity of output, price, profit.