Two firms compete as a Stackelberg duopoly. The demand they face is P = 100 – 3Q. The cost function for each firm is C(Q) = 4Q. The profits of the 2 firms are:
A. P L=leader) = $56; Q(F=follower) = $28
B. P L= $384; PF = $192
C. PL = 192; PF= 91
D. PL = 56; PF= -28
