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The table below represents data for a profit-maximizing monopoly that does not price discriminate.

Price Output Total Cost
\$20 1 \$12
\$15 2 \$22
\$10 3 \$30
\$5 4 \$45



What would the profit-maximizing price and output be for this firm?

A

$20 and 1

B

$15 and 2

C

$10 and 3

D

$5 and 4

E

This firm would produce zero units of output.

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