A publisher faces the following demand schedule for the next novel of one of its popular authors. The following table shows revenue and costs.

, Marginal Marginal Quantity Revenue Cost (MillionS) (Millions) (Millions) I... I... I. I... .I.. What quantity would a prot-maximizing publisher choose? What price would it charge? Does this publisher face diminishing marginal product? 0 Price = $8, Q = 2 million; No, it does not face diminishing marginal product. 0 Price = $5, Q = 5 million; Yes, it does face diminishing marginal product. 0 Price = $5, Q = 5 million; No, it does not face diminishing marginal product. 0 Price = $8, Q = 2 million; Yes, it does face diminishing marginal product