11 please typed

Assume two countries A and B that both produce the same good. The gure below illustrates the demand functions {i.e., DA demand in country A, DB demand in country.r B. and world demand [1\"). CountriesAand B face average cost of production of AC\" and ACE, respectively. a) Indicate the market equilibria in countries A and B without trade. (1 pt) b) How does the market equilibrium change if both countries open for trade? Briefly explain. (3-5 sentences are expected.) (2 pts) c) Assume country A has already an established industry and supplies for the world market. Country B tries to establish a new industry. Do you think it will be successful? Briefly explain. (3-5 sentences are expected.) (2 pts)