With current technology, suppose a firm is producing 120 cupcakes daily. Also assume that the least-cost combination of resources for producing those cupcakes is 2 units of labor, 1 unit of land, 2 units of capital, and 3 units of entrepreneurial ability, selling at prices of $120, $30, $50, and $20, respectively. If the firm can sell these 120 cupcakes at $5 per unit, what is its total revenue? Multiple Choice Total revenue is $600. Total revenue is $120. Total revenue is $220. Total revenue is $1,200.