TABLE 12-1 Profit for Noelle’s Farm When Market Price Is $18
Quantity of trees Q
Total revenue TR
Total cost TC
Profit TR − TC
0
$0
$140
-$140
10
180
300
-120
20
360
30
540
440
100
40
720
560
160
50
900
60
1,080
920
70
1,260
1,160