Consider the Cournot competition between two firms with different marginal costs. For firm 1, let the cost function be: C1(q1)-3*q1 For firm 2. let the cost function be: C2q2)-6q2 The inverse demand function is: P(Q)-12-Q. where Q=q1+q2 In this game, write down the profit functions for firm 1 and firm 2 (as functions of q1 and q2). Then, find the Nash equilibrium quantities for firm 1 and firm 2. In the NE, which firm produces more: the one with the low or the high marginal cost? Note: To get credit, you need to show your calculations and explain your answer.

This is just a little thing i just did for fun! hope you enjoy! a: ~what would you first grand if your house was onfire? b: ~what do you first notice on a person? c: ~ what are some challenges you think the next generation will face? d: ~what is the most embarrassing moment in life? e: ~what is your favorite artists? //music//f: ~what are some bad habits you can't stop doing? , but you know you need to stop on them. i really hope you had fun doing this, or not doesn't matter, but if you want more from me contact me! bye now//i can't wait to see some results//ㅋㅋㅋㅋㅋ나를 따라라! ^^(i'm going to put this under arts, even though it's not, so yeah)