A duopoly faces an inverse market demand of P(Q) = 240−Q. Firm 1 has a constant marginal cost of MC1 (q1) = ​$10. Firm​ 2's constant marginal cost is MC2 (q2) =​ $20. Assume fixed costs are negligible for both firms. Calculate the output of each​ firm, market​ output, and price if there is​ (A) a collusive equilibrium or​ (B) a Cournot equilibrium.   ​(A) Collusive equilibrium ​(Enter your responses rounded to two decimal​ places)   The collusive equilibrium occurs where q1  equals ? and q2 equals ?   Market output is ?   The collusive equilibrium price is ?     ​(B) Cournot equilibrium ​(Enter your responses using rounded to two decimal​ places)   The​ Nash-Cournot equilibrium occurs where q1 equals ? and q2  equals ?   Market output is ?   The equilibrium occurs at a price of ?

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