Friday 3 December 2010

Refer to the information provided in Figure 7.2 below to answer the following questions

3. Refer to Figure 7.2. This corn producer produces 100 bushels of corn and sells each bushel at $5. The cost of producing each unit bushel is $2. This corn producer's total revenue is


A) $20. 
B) $200. 
C) $300. 
D) $500

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