Price Total Quantity ($/barrel) Revenue ($) 0 $160 $ 0 10 150 1,500 20 140 2,800 30 130 3,900 40 120 4,800 50 1 10 5,500 60 100 6,000 70 90 6,300 80 80 6,400 90 70 6,300 100 60 6,000 1 10 50 5,500 120 40 4,800 130 30 3,900 140 20 2,800 150 10 1,500 160 0 0 Table 64-1: Demand for Crude Oil 3. (Table 64-1: Demand for Crude Oil) The table shows the demand schedule for crude oil. For simplicity, assume that the marginal cost of crude oil equals zero. If the crude oil industry is a monopoly, the price of crude oil will be , the total quantity of crude oil produced by the monopoly will be barrels, and the monopoly will earn economic profits equal to a. $80; 80; $6,400 b. $80; 80; 0 C . $160; 0; 0 d. $60; 100; $6,000 e. $120; 40; $4,800