What is the firms total revenue?

With current technology suppose a firm is producing 800 loaves of banana bread daily. Also assume t Show more With current technology suppose a firm is producing 800 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 5 units of labor 5 units of land 4 units of capital and 1 unit of entrepreneurial ability selling at prices of $40 $60 $60 and $20 per unit respectively. If the firm can sell these 800 units at $1 per unit will it continue to produce banana bread? (Click to select)NoYes What is the firms total revenue? $ What is the firms total cost? $ What is the firms profit or loss? Instructions: Enter a profit as a positive number and a loss as a negative number; include a negative sign (-) if necessary. $ Show less

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