3. [10 Points] Suppose that you are a monopolistic exporter. You have one domestic production facility that supplies both the domestic and foreign markets. Assume that the demand for your product in the domestic market is Q = 5000- 20P; in the foreign market, demand is given by Q' = 3000 - 30P.. Assume that your domestic marginal cost of production is 80. All prices and costs are in real term, i.e., relative to the local price level. Also assume the real exchange rate is 1.25. (a) What is your optimal price sold in the domestic market? (b) What is your optimal quantity sold in the foreign market