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Hardley sells hamburgers. He faces fixed costs of $18,000 per month and variable production and marketing costs of $2 per hamburger. Market research has developed

Hardley sells hamburgers. He faces fixed costs of $18,000 per month and variable production and marketing costs of $2 per hamburger. Market research has developed the following demand schedule. Which price/volume combination should Yardley choose?

Choose one

Price: $12; Quantity: 4,000

Price: $10; Quantity: 5,500

Price: $8; Quantity: 7,000

Price: $6; Quantity: 9,000

Unable to determine

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