Refer to the Information Provided in Figure 7

question 241

Multiple Choice

Refer to the information provided in Figure 7.1 below to answer the following question(s) . Figure 7.1
-Refer to Figure 7.1. This corn producer produces 100 bushels of corn and sells each bushel at $5. The cost of producing each bushel is $2. This corn producer's total revenue is ________ and profit is ________.

• A) $200; $300
• B) $300; $200
• C) $500; $200
• D) $500; $300

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