Use the Following to Answer Questions

question 219

Multiple Choice

Use the following to answer questions:
-(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. Assume that costs are constant in each interval; that is, the variable cost of mowing 1 through 10 lawns is $100. His only 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 many lawns will Alex mow?

• A) 0
• B) 20
• C) 30
• D) 40

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Definitions:

Abolitionists' Concept

The ideology held by those who advocated for the immediate emancipation of slaves and the end of racial discrimination and segregation.

Personal Liberty

The freedom of individual persons to live their lives as they choose, within the bounds of legal and social norms, without undue restriction or interference.

Social Hierarchy

A system or organization of people ranked one above the other according to status or authority.

African-Americans

An ethnic group in the United States with total or partial ancestry from any of the black racial groups of Africa, including descendants of enslaved Africans.