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Suppose that "West Town' and 'East Town' are located in the opposite sides of a mountain 'Bukit Alps' neither of which has other towns nearby. The weekly quantities demanded(QD) for and supplied(Qs) of seats per showing of the movie 'A Beautiful Mind' in each town at various prices per seat are known to be the followings. (Note that neither the demand curve nor the supply curve in the towns is necessarily linear. Thus, don't even try to derive equations for the curves, which will only waste your time. Do the problems by thinking over the numbers given.) West Town East Town Price (S) QD Qs QD Qs 600 10 750 400 580 30 700 550 AWNH 550 60 600 600 500 100 550 650 420 150 500 700 350 250 480 730 300 300 400 800 250 400 200 900 The towns are of old style - imagine a scene in the famous movie *The Cinema Paradise' - and the theater seats are prepared roughly on the ground whenever a new movie comes in, which may justify the upward-sloping supply schedule in case you wonder. Price discrimination is not considered for an option. (1) (5 marks) Suppose that the mountain is impassable and communication and transportation between the two towns are impossible. If the competitive economic outcome attains, what will be the equilibrium price and quantity in each of the two towns