Use the following scenario to answer questions 24 - 27. Suppose Cournot duopolist firms operate with each having a cost of 30%- (where 1' = 1, 2) so that each firm's marginal cost is 30. The inverse market demand curve is P = 120 - Q where Q = q, + qr 24. At the Nash-Cournot equilibrium, the total quantity, Q, is a. 45. b. 90. c. 60. d. 30. 25. At the Nash-Coumot equilibrium, the market price, P, is a. 45. b. 90. c. 30. d. 60. 26. Suppose there were no barriers to entry and firms continued to enter so long as there were positive economic profits. At the new equilibrium, the total output, Q, is a. 45. b. 30. c. 90. d. 60. 27. Suppose there were no barriers to entry and firms continued to enter so long as there were positive economic prots. At the new equilibrium, the price, P, is a. 30. b. 90. c. 60. d. 45