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's total revenue is $1,000. If she sells each bushel of corn for $5, she must be selling ________ bushels of corn.
A) 200
B) 450
C) 900
D) 4,500

Question

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's total revenue is $1,000. If she sells each bushel of corn for $5, she must be selling ________ bushels of corn.
A) 200 
B) 450 
C) 900 
D) 4,500

Quizplus · Accepted Answer

Total revenue is calculated as the price per unit times the number of units sold. Here, $1,000 total revenue divided by $5 per bushel equals 200 bushels.

Refer to the Information Provided in Figure 7