Consider the Cournot duopoly model in which two rms, 1 and 2, simultaneously choose the quantities they will sell in the market, q_{1} and q_{2}. The price each receives for each unity given these quantities is P(q_{1}; q_{2}) = a b(q_{1} + q_{2}). Suppose that each rm has probability of having unit costs of cL and (1 - μ) of having unit costs of c_{H}, where c_{H} > c_{L}. Solve for the Bayesian Nash equilibrium.