I. Select the Best Answer for Each Question (2 points each) Refer to the information provided in Figure 7.1 below to answer the following question(s). Price per bushel 5 d Bushels of com Figure 7.1 1) Refer to Figure 7.1. This corn producer produces 100 bushels of corn and sells each bushel at 55. The cost of producing each bushel is $2. This corn producer's total revenue is and profit is A) S200; 5300 B) $300; $200 C) $500; $200 D) $500; S300