SCENARIO answer this based on the information provided below:

Two firms, Alpha and Beta, are the only competitors within the widget industry. They are located in the same city. Fixed costs for Alpha and Beta are the same and Beta pays a labor rate of $20.00 per hour. Widgets are viewed as a commodity. The following is given: Alpha: L/Q = 5, P = 15, Quantity sold = 2 Beta: L/Q = 8, P = 15, Quantity sold = 2 From the information above, for Alpha and Beta can be calculated to be:

Group of answer choices

Alpha = 40, Beta = 20

Alpha = 20, Beta = 14

Alpha = 16, Beta = 10

Alpha = 10, Beta = 16