A company that manufactures high-end headphones determines the relationship between the price it sets and the quantity it can sell. It finds that to sell exactly 2,000 pairs of headphones per month, the highest price it can charge is $300 per pair. Based on this information, which of the following monthly strategies represents a price-quantity combination that is achievable for the company but would be logically inconsistent with the goal of maximizing profit?
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A company that manufactures high-end headphones determines the relationship between the price it sets and the quantity it can sell. It finds that to sell exactly 2,000 pairs of headphones per month, the highest price it can charge is $300 per pair. Based on this information, which of the following monthly strategies represents a price-quantity combination that is achievable for the company but would be logically inconsistent with the goal of maximizing profit?
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