Use the following to answer question:
Figure: Revenues, Costs, and Profits for Tomato Producers 
-(Figure: Revenues, Costs, and Profits for Tomato Producers) Look at the figure Revenues, Costs, and Profits for Tomato Producers. The market for tomatoes is perfectly competitive. The market price of a bushel of tomatoes is $18. At the profit-maximizing quantity of output in the figure, the farmer's total revenue is _____, total cost is _____, and profit is _____.
Definitions:
Good Faith Purchaser
An individual who buys something without knowledge of any outstanding rights, claims, or encumbrances held by others, thereby receiving full legal rights to the item.
FOB
An acronym for "Free on Board", a shipping term used in international trade to denote when liability and ownership of goods is transferred from seller to buyer.
Shipment Contract
A type of sale contract in which the seller is obligated to send the goods to the buyer, but the risk of loss passes to the buyer when the goods are delivered to the carrier.
Nonconforming
Refers to goods, services, or actions that fail to meet previously agreed upon standards, specifications, or regulations.
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