S If the price of oats is $3.0 per kilo, calculate the total revenue and the total profit (or loss) at the quantities shown in below table. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Leave no cells blank - be certain to enter "0" wherever required. Quantity (kilos) Total revenue Total cost Total profit $ $ 600 1800 $1,900 $ 700 2100 $2,000 $ $ 800 2400 $2,400 $ $ 900 2700 $2,650 S S 1,000 3000 $2,910

S If the price of oats is $3.0 per kilo, calculate the total revenue and the total profit (or loss) at the quantities shown in below table. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Leave no cells blank - be certain to enter "0" wherever required. Quantity (kilos) Total revenue Total cost Total profit $ $ 600 1800 $1,900 $ 700 2100 $2,000 $ $ 800 2400 $2,400 $ $ 900 2700 $2,650 S S 1,000 3000 $2,910

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 11RQ: What is die difference between accounting and economic profit?

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