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Refer to the Information Provided in Figure 7

Question 196

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Refer to the information provided in Figure 7.1 below to answer the following question(s) . Refer to the information provided in Figure 7.1 below to answer the following question(s) .   Figure 7.1 -Refer to Figure 7.1. A corn producer produces 80 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 ________ and profit if ________. A)  $160; $0 B)  $240; $80 C)  $400; $240 D)  $400; $160 Figure 7.1
-Refer to Figure 7.1. A corn producer produces 80 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 ________ and profit if ________.


A) $160; $0
B) $240; $80
C) $400; $240
D) $400; $160

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