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

question 283

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 $40, how much is Alex's profit at the profit-maximizing output?
A.-$10
B.-$300
C.$300
D.-$1,000

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Definitions:

Episodic Memory

It's a kind of lasting memory focused on the retrieval of certain occurrences, contexts, and individual experiences.

Temporary Memory

A cognitive system that temporarily stores and manages information required for complex cognitive tasks like learning, reasoning, and comprehension.

Sensory Memory

The shortest-term element of memory, it acts as a buffer for stimuli received through the senses, lasting up to a few seconds.

Working Memory

An intellectual framework tasked with holding data for a short duration, operating under a constrained capacity for data manipulation.