Table : TABLE 7-1 Profit for Noelle’s Farm When Market Price Is $18
Quantity of trees
Q
Total revenue
TR
Total cost
TC
Profit
TRTC
0 $0 $140 −$140
10 180 300 −120
20 360 360 0
30 540 440 100
40 720 560 160
50 900 720 180
60 1,080 920 160
70 1,260 1,160 100