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If the price of oats is $4.0 per kilo, calculate the total revenue and the total profit (or loss) at the quantities shown in the

If the price of oats is $4.0 per kilo, calculate the total revenue and the total profit (or loss) at the quantities shown in the below table. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Leave no cells blank - be certain to enter "0" wherever required.

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Quantity (kilos) 400 500 600 700 800 Total revenue $ $ Total cost $2,000 $2,150 $2,400 $2,650 $2,910 Total profit $ $ Required: a. Fill in the table above ( b. If this firm is in a perfectly competitive environment, where would it choose to produce to maximize profit? c. Describe what is similar between the marginal revenue, demand line and price in a perfectly competitive environment. d. Identify an industry that operates in a perfectly competitive environment

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