Question: Hi there, can I get some help on the attached question? There is no further information aside from what is provided in the screen shot.

Hi there, can I get some help on the attached question? There is no further information aside from what is provided in the screen shot.

The rms in a duopoly produce differentiated products. The inverse demand for Firm 1 is p1 =82 - q1- 0.5q2. The inverse demand for Firm 2 is p2 = 100 - q2 - 0.5q1. Each rm has a marginal cost of m = $1 per unit. Solve for the Nash-Coumot equilibrium quantities. The Coumot equilibrium quantities are q1=E| units and q2 = D units. (Enter your responses rounded to two decimal places.)

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