There are two firms competing in the market for Airplanes - Boeing (B) and Airbus (A).The market demand is given by Q = 120 - p. Their marginal cost are as follows: MC^B= $20, MC^A= $40. Assume that TFC = $0 for both firms. (Think of price being in millions.) How many airplanes didBoeing sell in this Airplane market?(please enter your answers in numerical forms with no decimal or comma).How many airplanes didAirbussell in this Airplane market?,(please enter your answers in numerical forms with no decimal or comma).What is the total quantities of airplanes sold in the market?(please enter your answers in numerical forms with no decimal or comma).What is the equilibrium price?(please enter your answers in numerical forms with no decimal,dollar sign or comma).What isBoeing's profit?million(please enter your answers in numerical forms with no decimal,dollar sign or comma).What isAirbus's profit?million(please enter your answers in numerical forms with no decimal,dollar signor comma).If themarket price is $35million,Boeing will be a monopoly? (please enter your answer as true or false, lower cases only).