The Public Service Company of the Southwest is regulated by an elected state utility commission. The firm has total assets of $1,000,000. The demand function for its services has been estimated asP=$500−$0.15QP=$500−$0.15QThe firm faces the following total cost function:TC=$50,000+$20QTC=$50,000+$20QIn an unregulated environment, the firm would charge_______________ and produce_________________ units.The total profit at this price-output level is_______________________, which means the firm earns a ________________percent rate of return on its asset base.The firm has proposed charging a price of $200 for each unit of output. If this price is charged, the total profit will be______________, which means the firm earns a__________________percent rate of return on its asset base.