Consider a market with two firms (Firm 1 and Firm 2), which produce an identical good.
Both firms have the same constant marginal cost: MC = m = 40.
The demand in this market is given by:
Q = = 100.25pp = 400 - 4Q
Let P₁, 9₁, and π₁ denote the price charged by firm 1, the quantity firm 1 produces and sells, and
firm 1's profits, respectively. Analogously, let p2, 92, and π₂ denote the price, quantity, and
profits of firm 2.

Assume Firm 1 and Firm 2 collude to act as a single monopolist, forming a cartel. Find the price,
quantity, and profit of each firm in equilibrium.