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Assume that the following data is for a profit-maximizing manufacturer: Quantity $ Total Cost 100 140 2 160 3 190 A 240 300 6 370

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Assume that the following data is for a profit-maximizing manufacturer: Quantity $ Total Cost 100 140 2 160 3 190 A 240 300 6 370 450 8 550 Refer to the above information to answer this question. If the price is $75 per unit, what are the profit maximizing output and the level of profit or loss? Select one: O A. 6 and $80, O B. 5 and $80. O C. 4 and $40. D. 8 and $50. O E. 5 and $75

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