Suppose that two identical firms are Cournot competitors. Industry demand is given by: p = 200- q₁ q2 where 9₁ and 92 are the outputs of Firm 1 and Firm 2 respectively. Both Firm 1 and Firm 2 face constant marginal and average total costs of $20. Find the output quantity for each firm. 10 20 40 60 1 point For the information in the above question, Find the output price. 70 50 80 100 1 point E For the information in the above question, Find the profit 0 1600 800 3600