You have estimated that all consumers who buy from your firm have identical demands for your product. Each customer's demand is given by Q = 1004P, and your total cost of production is TC = FC + $15Q. You want to devise a two-part pricing strategy (T, P). Given this information, the optimal two-part pricing is:

*the correct answer is C (please show steps on how to obtain that answer, using two-part pricing strategy formula):

a)T =$120 and P =$25.

b)T =$400 and P =$15.

c)T =$200 and P =$15.

d) None of the above.