there are two firms operating in a market; firm 1 firm2. the market demand is P=75-0,5(q1+q2). the total cost for the tw

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there are two firms operating in a market; firm 1 firm2. the
market demand is P=75-0,5(q1+q2). the total cost for the two firms
are 30q1 and 30q2
output would they produce?
(b) Using a diagram, fully labelled, describe how the
equilibrium outputs for the two firms
are determined and solve mathematically for this solution.
(c) The CEO of firm 1 meets with her counterpart at firm2 and
suggests that the two
firms each produce 22.5 units. The CEO of firm2 accepts this
suggestion. Why did
the CEO of firm1 make this suggestion, and why did her
counterpart at firm2 agree?
Show this outcome on your diagram in (b).
(d) After keeping to this agreement for 12 months, the CEO of
firm2 notices that firm1 is
actually producing more than 22.5 units. Why is firm1 doing
this? Illustrate this on your
diagram in (b). What action can firm 2 take against firm1?