Demand and Cost Data for Sylvie's Shampoo CompanyTable 26.2A Monopolistically Competitive FirmPriceDemand Data QuantityCost Data OutputTotal Cost$2266$96$2077$104$1888$114$1699$126$141010$140Refer to Table 26.2. To maximize profit, Sylvie's Shampoo Company. should produce ________ bottles of shampoo and charge a price of ________ each.
A. 8; $18
B. 7; $20
C. 9; $16
D. 6; $22
Answer: B
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