Two firms, Firm 1 and Firm 2, compete by simultaneously choosing prices. Both firms sell an identical product for which each of 100 consumers has a maximum willingness to pay of $40. Each consumer will buy at most 1 unit, and will buy it from whichever firm charges the lowest price. If both firms set th same price, they share the market equally. Costs are given by c,(q,) = 16q . Because of government regulation, firms can only choose prices which are integer numbers, and they cannot price above $40. Answer the following