Question: Part 1 ( 2 points ) Two Cournot duopolists compete in a market with inverse demand given by p = 2 0 9 . 0

Part 1(2 points)
Two Cournot duopolists compete in a market with inverse demand given by p=209.00-2Q, where p is the per-unit price, qi is the output for firm i(either firm 1 or firm 2), and Q=q1+q2. Firm 1 has a cost function of c1(q1)=2q12 and firm 2 has a cost function of c2(q2)=3q22. Assume no fixed costs.
What is the optimal output for firm 1?
(Round to two decimals if necessary.)
What is the optimal output for firm 2?
(Round to two decimals if necessary.)
Part 2(1 point)
What is the equilibrium price in this market? $
(Round to two decimals if necessary.)
Part 3(2 points)
What is the profit for each firm?
Firm 1 profit: $,(Round to two decimals if necessary.)
Firm 2 profit: $,(Round to two decimals if necessary.)N
 Part 1(2 points) Two Cournot duopolists compete in a market with

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