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.If the price per cleared lot is $14,how many lots should Alexa clear?
Definitions:
Securities
Securities that signify ownership stakes in companies (equities), lending agreements with governments or businesses (bonds), or entitlements to ownership through options.
Financial Processes
The methods and procedures used by a company to manage its financial activities, such as budgeting, accounting, and investment management.
Capital
Refers to the financial resources available for use in the production of goods or the provision of services.
Sole Proprietorship
An enterprise that a single person owns and runs, where there's no legal separation between the proprietor and the enterprise itself.
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