Given the following information for a monopoly, what is the profit-maximizing price and quantity?

Price

20

19

18

17

16

15

14

Q Demanded

1

2

3

4

5

6

7

Quantity

1

2

3

4

5

6

7

MC

10

8

11

14

17

20

24

Group of answer choices

Price = 19, Quantity = 2

Price = 16, Quantity = 5

Price = 17, Quantity = 4

Price = 15, Quantity = 6