(5) For each situation, solve for the Bertrand-Nash Equilibrium (differentiated Product). 5a) Suppose Sarah's constant marginal cost is $5 but Joe's is $8 Recall that in a Bertrand model with differentiated product, each supplier faces his/her own demand: Qjoe 100-10 Pjoe + 5 Psarah Qsarah = 100 - 10 Psarah + 5 Pjoe 5b) Suppose Joe and Sarah have the same cost functions as earlier (constant MC of $5) but asymmetric demand functions = Qjoe 100-10 Pjoe + 5 Psarah Qsarah = 160 - 10 Psarah + 5 Pjoe =

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