Using the above table, moving from alternative C to alternative B, what is the opportunity cost of one loaf of bread?

If a quota is imposed on imports of shrimp into the United States, U.S. consumers ________ and U.S. producers ________

A) gain; gain B) lose; gain C) gain; are unaffected D) lose; lose E) gain; lose

Refer to the above table. The table represents information on the costs for Ajax Corporation. Ajax operates in a perfectly competitive market and the price of the product is $7. What will be the value of total revenue when quantity sold equals 2?

A) $7 B) $14 C) $21 D) $16