(Table: Variable Costs for Lawns) Look at the Table Variable

question 83

Essay

(Table: Variable Costs for Lawns) Look at the table Variable Costs for Lawns.During the summer Alex runs a lawn-mowing service, and lawn-mowing is a perfectly competitive industry made up of 100 identical firms.The table shows his variable costs for lawn-mowing and the number of lawns mowed.Alex's fixed cost is $1,000 for the mower.His variable costs include fuel, his time, and mower parts.If the price for mowing a lawn is $60, how much is Alex's profit per unit at the profit-maximizing output?
A.$7.50
B.$32.50
C.$20.00
D.$10.00

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Definitions:

Compassion And Choices

An organization in the United States advocating for end-of-life care options, including patient autonomy and legalizing medical aid in dying for terminally ill adults.

Voluntary Euthanasia

A practice where a person makes a conscious decision to end their own life, often due to suffering from an incurable and painful illness, with the assistance of a physician.

Organ Transplantation

The medical procedure of transferring organs or tissues from a donor to a recipient to replace damaged or missing parts of the body.

Animal Organ

A part of an animal's body with a specific function or set of functions, such as the heart, liver, or brain.