Suppose two firms face market demand of P=150-Q, where Q=q1+q2. Both firms have the same unit cost of 22. Assume the firms compete a la Firm 1 is the leader and Firm 2 is the follower in this market. 1.What is the follower’s total revenue function?           2.Determine the equilibrium output level for both the leader and the follower.                3.Determine the profits of the leader and the follower.

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