The accounting profit is equal to Assume an apple farmer incurs the following costs and revenues: Fertilizer: $200 Seeds: $75 Water: $250 Wages: $750 Property taxes: $600 Interest payments on borrowed funds: $1.200 Sales of apples: $4.000 Table 22.1 Monopolists are price O Takers, as are competitive firms. O Takers, but competitive firms are price makers. O Makers, but competitive firms are price takers. O Makers, as are competitive firms