Question 7, Concept Question 3.2 5 HW Score: 64.29%, 4.5 of 7 points Part 2 of 2 @ Points: 0.5 of 1 Determine the profit-maximizing prices when a firm faces two markets where the inverse demand curves are Market A: p, =80 -2Q,, where demand is less elastic, and Market B: pg =60 -1Qg, where demand is more elastic, and Marginal Cost=m =40 for both markets. For Market A: p =$ 60 . (Round your response to two decimal places.) For Market B: pg =$| |. (Round your response to two decimal places.) Question 5, Text Exercise 4.1 HW Score: 64.29%, 4.5 of 7 points Part 1 of 4 O Points: 0 of 1 Duopoly quantity-setting firms face the market demand p = 90- Q. Each firm has a marginal cost of $15 per unit. What is the Cournot equilibrium? The Cournot equilibrium quantities for Firm 1 (q, ) and Firm 2 (92 ) are 91 = units and 92 = units. (Enter numeric responses using real numbers rounded to two decimal places.)