The chart below contains the necessary information for a Cournot duopoly with an identical product. You have the market demand, Qd = 60 0.5P and each firm has the same marginal cost; MC =MC2=30. There are columns available for the market price, producer surplus for each firm and the total producer surplus for the firms together. 1. Complete the table. Use the example in the lecture as a model. 2. What is the competitive outcome for this market? 3. What is the cooperative outcome for this market? 4. Is the cooperative outcome for this market stable? Explain. Q2 PS PS2 PStot Q1 9 9 10 9 10 10 11 10 11 11 11 12 12 12 12 13 13 14 13 13 14 14 15 14 15 15 16 15 16 16 Question 1 0/1 point Answer using an integer with no other characters. When Q1-10 and Q2=9, the producer surplus for firm 2 is 184,5 Question 2 0/1 point Answer using an integer with no other characters. When Q1=9 and Q2-8, the market price is Question 3 0/1 point Answer using an integer with no other characters. At the competitive outcome, each firm's quantity is ..60 Question 4 0/1 point Answer using an integer with no other characters. At the competitive outcome, each firm's producer surplus will be Question 5 0/1 point Answer using an integer with no other characters. At the cooperative outcome, each firm's quantity is Question 6 0/1 point Answer using an integer with no other characters. At the cooperative outcome, each firm's producer surplus will be Question 7 0/1 point Answer using an integer with no other characters. If one firm produces the cooperative quantity and the other firm produces the competitive quantity, the producer surplus for the firm producing the competitive quantity will be 225