Table 17-5
the Table Shows the Town of Driveaway's Demand

Table 17-5
The table shows the town of Driveaway's demand schedule for gasoline. Assume the town's gasoline seller(s) incurs a cost of $2 for each gallon sold, with no fixed cost.
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$$\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Quantity } \\\text { (Gallons) }\end{array} & \begin{array} { c } \text { Price } \\\text { (Dollars per gallon) }\end{array} & \begin{array} { c } \text { Total Revenue } \\\text { (Dollars) }\end{array} \\\hline 0 & 8 & 0 \\\hline 50 & 7 & 350 \\\hline 100 & 6 & 600 \\\hline 150 & 5 & 750 \\\hline 200 & 4 & 800 \\\hline 250 & 3 & 750 \\\hline 300 & 2 & 600 \\\hline 350 & 1 & 350 \\\hline 400 & 0 & 0 \\\hline\end{array}$$
-Refer to Table 17-5. Suppose we observe that the price of a gallon of gasoline in Driveaway is $5; we observe as well that a particular seller's profit is $150. Given this observation, which of the following scenarios is most likely?

A) The market for gasoline in Driveaway is a monopoly.
B) There are two identical sellers of gasoline in Driveaway, and the sellers collude.
C) There are two identical sellers of gasoline in Driveaway, and the sellers do not collude.
D) There are three identical sellers of gasoline in Driveaway, and the sellers collude.