respect A) surplus, Item Table COSTI1 Monthly Costs, Rever Other Information for a Bakery Product Price (P) = $7 Items sold (Q") = 1,000 Rent & Utility Payments = $1,200 els Former Monthly wages (as Helper) =S 50 Waves paid to Workers (WL) $3.450 Home Delivery Expenses = 8600 Production Materials Costs = $4.000 Owner's Former Monthly Earning = $3,200 Monthly Health and Safety Inspection Costs = $150 Table Cost.1.2: Amount Loan #1 = $35,000 2 Loan #2 = 560,100 Owner's Last Job Wage = $50,000 Labor = $8,000 Ingredients = $40,000 Rents = $20,000 Total Revenue = 15120,000 1.2 where loans are used for establishing the firm, this competitive firm's 6) According to information in Table Cost. 1.2 where loan economic profits is about A)-S102,205 C) -$103,205 S102.205 B)-$95,435 D)-5101,105 Cost 11 for a competitive firm, this competitive firm's economic profits is about 7) According to information in Table Costil for a competitive firm B) -$710 C)-$822 D) -$760 A)-5800