Use the Following to Answer Question

question 115

Multiple Choice

Use the following to answer question:
-(Table: Variable Costs for Lots) Use Table: Variable Costs for Lots.During the winter,Alexa runs a snow-clearing service in a perfectly competitive industry.Assume that costs are constant in each interval;so,for example,the marginal cost of clearing each of the lots from 1 through 10 is $20.Also assume that she can only plow the quantities of the lots given in the table (and not numbers in between) .Her only fixed cost is $1,000 for a snowplow.Her variable costs include fuel,her time,and hot coffee.At what price does Alexa' s short-run supply curve start?

• A)$200
• B)$15
• C)$50
• D)$42

---

Definitions:

Take Risks

The willingness or decision to engage in actions that have uncertain outcomes, potentially leading to loss or failure in pursuit of opportunities for success or improvement.

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product much faster than with individual craftsmanship.