Hardley Sells Mamburgers $$\begin{array} { c c } \text { Price } & \text { Qty } \\14 & 5,000 \\12 & 7,000 \\10 & 8,000 \\8 & 10,000\end{array}$$

Multiple Choice

Hardley sells mamburgers.He faces fixed costs of $18,000 per month and variable production and marketing costs of $2.50 per mamburger.Market research has developed the following demand schedule. $$\begin{array} { c c } \text { Price } & \text { Qty } \\14 & 5,000 \\12 & 7,000 \\10 & 8,000 \\8 & 10,000\end{array}$$ Which price/volume combination should Hardley choose?

A) Price: $14;Quantity: 5,000
B) Price: $12;Quantity: 7,000
C) Price: $10;Quantity: 8,000
D) Price: $8;Quantity: 10,000
E) Unable to determine