Question: If a representative firm with long-run total cost given by TC = 50 + 2 q + 2 q 2 operates in a competitive industry

If a representative firm with long-run total cost given byTC= 50 + 2q+ 2q²operates in a competitive industry where the market demand is given byQ_D= 1,410 - 40P, in the long-run equilibrium there will be?

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