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). SA Price per bushel 5 Figure 7.1 Bushels of corn 1) Refer to Figure 7.1. This corn producer produces 100 bushels of corn and sells each bushel at $5. The cost of producing each bushel is $2. This corn producer's total revenue is. and profit is A) $200; $300 B) $300; $200 C) $500; $200 D) $500; $300