Please write down the detailed calculation process 2. Suppose that the market demand is Qd = 20- P. Two identical firms

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Please write down the detailed calculationprocess
2. Suppose that the market demand is Qd = 20- P. Two identicalfirms with MC=4 compete in the Stackelberg manner with firm 2 isthe follower.What is the total quantity in the market? A.10 B.8 C.12 D.16
3.A perfect competitive firm has a long-run cost function, C(a) =4q^2 + 256.In the long run, this firm will supply a positive amount of output,as longas the price is greater or equal toA $96B $80C $64D $2564. Production technology is q = K1/2 L . Whatis the short-run cost function Cif K =16. w = 6 and r = 3A .C = 48 + 1.5qB. C= 12 + 1.2qC. C = 32 + 2.5qD. C= 8 + 2q