Asked by Makaylee Wright on Jul 16, 2024
Verified
Refer to Figure 7.1. This corn producer earns a total revenue of $900. Each bushel of corn is sold for $5. This corn producer must be selling ________ bushels of corn.
A) 180
B) 450
C) 900
D) 4,500
Corn Producer
An entity or individual involved in the cultivation and production of corn crops.
- Calculate profits and costs per unit of output in given scenarios.
Verified Answer
GG
Gerardo GarciaJul 21, 2024
Final Answer :
A
Explanation :
To find the number of bushels sold, divide the total revenue by the price per bushel: $900 / $5 = 180 bushels.
Learning Objectives
- Calculate profits and costs per unit of output in given scenarios.
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