(Table: Gascolator Producers I) Banner and Sense Are Bertrand Competitors

Multiple Choice

(Table: Gascolator Producers I) Banner and Sense are Bertrand competitors producing identical gascolators (a main line strainer) . The inverse market demand curve for gascolators is P = 2,000 - 4Q, where Q is the quantity of gascolators and P is the price per gascolator. Banner and Sense produce gascolators at a constant marginal cost of $80. If Banner charges a price of $100 and Sense charges $101, Banner's quantity sold is ____.

A) 480
B) 475
C) 237.50
D) 0