1. ABC Private Limited produces smart phones that will be distributed to domestic and export markets. The demand function for the domestic market and export market are:- Po =200-0.05Q, P: = 125-0.00125Q, where Q. is the quantity demanded from domestic markets and Q: (units) is the quantity demanded for the export market. P, and Pare price in RM for domestic and export market, respectively. The total demand function will be Q= Q+D: The cost function for this company is TC=25,000+5Q a. If the company practices third-degree price discrimination, find the price it should charge in each market. b. Calculate the profits that the company will earn from the said pricing strategy. c. If the firm is practicing single pricing, determine the price it should charge to customers. d. Should the company practice price's discrimination? Explain your