2 firms are engaged in Cournot competition; firm A faces the cost curveCA(yA)=40yAand firm Bfaces the cost curveCB(yB)=40yB. The inverse market demand curve isP(y)=100y, whereyrepresents market level of output.   a)Define the Cournot game.   b)In 1 or 2 sentences explain why a firm has no incentive to deviate from the Cournot Nash equilibrium(holding their opponent’s strategy constant).        c)Find the Cournot Nash Equilibrium.

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