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Hello, can you please solve this microeconomic question. Thanks in advance! Assume that 50 years of deficiency payments resulted in positive profits for cattle producers

Hello, can you please solve this microeconomic question. Thanks in advance!

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Assume that 50 years of deficiency payments resulted in positive profits for cattle producers and consolidation in the market. Today, there is only one cattle operation or ranch, which holds a monopoly over the market for cows. Let the inverse demand for cattle be P=1000-20Q and the new total cost to produce a cow be TC=1000+5Q2. What is the elasticity of demand for cows? O - 2 O -1.5 O -1 O -1.33

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