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Business, 03.12.2019 22:31 lavishbre12

sal's satellite company broadcasts tv to subscribers in los angeles and new york. the demand functions for each of these two groups are: upper q subscript ny baseline equals 80 minus 0.25 upper p subscript ny upper q subscript la baseline equals 130 minus 0.5 upper p subscript la 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 upper c equals 1000 plus 40 upper q where q = qny + qla. a. what are the profit-maximizing prices and quantities for the new york and los angeles markets?

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