The Table Given Below Shows the Prices Charged and Marginal

Multiple Choice

The table given below shows the prices charged and marginal cost incurred by a monopolist for different units of output.Table 11.3

-What price will the profit-maximizing firm, described in Table 11.3 charge, if the firm is earning a positive economic profit?

A) $1,500
B) $1,400
C) $1,350
D) $1,300
E) $1,550