Sal's satellite company broadcasts TV to subscribers in Los Angeles and New York. The demand functions for each of these two groups are: where Q is in thousands of subscriptions per year and P is the subscription price per year. The cost of providing Q units of service is given by a. What are the profit-maximizing prices and quantities for the New York and Los Angeles markets? (round all answers to two decimal places) In New York, the equilibrium quantity is 30 subscribers at an equilibrium price of $ 160¹. While in Los Angeles, the equilibrium quantity is 45 subscribers at an equilibrium price of $ 130. QNY = 70 -0.25PNY QLA = 110-0.5PLA C = 1000 + 40Q

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