Question: Consider the Cournot model, the production competition model, where the market demand equation is p=360-q 1 -q 2 , and the firms' marginal costs are

Consider the Cournot model, the production competition model, where the market demand equation is p=360-q₁-q₂, and the firms' marginal costs are MC₁=MC₂=60, and there is no fixed cost.

Find the Nash equilibrium (q₁, q₂).

A.None of the other answers are correct.

B.(120, 120).

C.(100, 100).

D.(90,90).

E.(60, 60

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