Question: 1) A monopolist has a total cost function TC = 20q + 350, where q is output. Suppose the demand function for the monopolist's product

1) A monopolist has a total cost function TC = 20q + 350, where q is output. Suppose the demand function for the monopolist's product is given by p = 100 - 2q, where p is price. Government regulations require this firm to charge a price equal to average cost. How many units could the firm produce in order to comply with this requirement

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