Domestic demand for some good is given by an inverse demand function p = 310-q. Marginal costs of a supplier who is a local monopolist are MC(q) = 20+q. The world price of this good is p 100. Initially the country does not adopt any trade restrictions. (b) The government wishes to adopt trade restrictions to protect domestic producer and de- cides to introduce import quota in the amount of 80. What will be domestic production, consumption and price in the new equilibrium?