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–0.5qGGMC14. Consider the Cournot-Stackelberg competing islands of Penang and Grenada discussed in the previous problem. What will happen to Grenada’s and Penang’s output if:a. Grenada’s cost of production decreases to $16, while Penang’s stays at $20. Explain.b. Penang’s cost of production decreases to $16, while Grenada’s stays at $20. Explain.MCqPMCG–0.5qGMC11/15/123:09 PM