Pricing at Montoya Steelworks Montoya Steelworks Montoya Steelworks is a fully integrated steel producer in Florin City in the small nation-state of Florin. However, as a small steel firm, its costs are quite high: To make q tons of steel costs Montoya 2000 + 20q+q². Demand for Steel As the only steel producer in Florin, Montoya has a monopoly on selling steel within Florin's borders. Demand for steel (in tons) in Florin is given by D (p) = 150 - PF, where pp is the price that Montoya charges for each ton of steel. Meanwhile, Montoya also has the option to sell steel in the nearby nation of Spain. The Spanish steel market is extremely competitive, and the price of steel there is $100/ton. As Florin is a small steel producer, Florin will not have any effect on the price of steel in Spain, regardless of the amount it sells. Optimizing Profits for Montoya You must decide how much steel to produce and how much will be kept for local sale; your goal is to maximize the profits of Montoya Steelworks. What quantity of steel will you produce? and Spain? How will it be divided between Florin

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