Please solve all the parts and only typed answer  The inverse demand for a homogeneous-product Stackelberg duopoly is P = 16,000 – 4Q. The cost structures for the leader and the follower, respectively, are CL(QL) = 4,000QL and CF (QF) = 6,000QF.   What is the follower’s reaction function?   Determine the equilibrium output level for both the leader and the follower.   Leader output:   Follower output:   Determine the equilibrium market price.   Determine the profits of the leader and the follower.   Leader profits:     Follower profits:

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