A satellite company broadcasts TV to subscribers in two cities: New York (NY) and Los Angeles (LA). The demand functions for each of these two groups are:Qny=50-(1/3)PnyQ1a=80-(2/3)PlaWhere 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 byC=1000+30QWhereQ=Qny-+QlaI found : Pny=90Qny=20Pla=75Qla=30

Coller Police Paragraphe Styles X Office Update To keep up-to-date with se... Check for Upda Q3 b) Illustrate your answer to Q3a graphically, showing all intercepts, and the profit maximizing prices and quantities. Explain the pricing strategy of the company and the criteria that enable the company to carry out this pricing strategy successfully