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 areQny=50-(1/3)PnyQla=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 by C=1000+30QWhereQ=Qny+QlaGiven: Qny=20Pny=90Qla=30Pla=75

Q3 c) As a consequence of a new satellite that the Pentagon recently deployed, people in New York receive the company's Los Angeles broadcasts, and people in Los Angeles receive the company's New York broadcasts. As a result, anyone in New York or Los Angeles can receive the company's broadcasts by subscribing in either city. Hence, the company can only charge a single price. What price should the company charge and what quantities should the company sell in New York and Los Angeles? Show all your working/calculations step by step