Suppose the total market demand curve is given by

P = 128 - 2Q

MC = AC = $20

P is price and Q is quantity. Suppose there are only two firms in the industry, the outcome is the Nash Cournot outcome and each firm has a marginal cost of 20. There are no fixed costs for either firm so average cost is also 20.

a. What is the total amount produced and what price is charged before the merger?

b. What is the new price and quantity that is charged, given that the merger results in a monopoly?