Use the Following to Answer Questions

question 48

Multiple Choice

Use the following to answer questions:
-(Table: Variable Costs for Lots) Look at the 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; that is, the variable cost of clearing anywhere from 1 through 10 lots is $200. Her only fixed cost is $1,000 for a snowplow. Her variable costs include fuel, her time, and hot coffee. If the price to clear a lot is $60, what is Alexa's profit or loss at the optimal output?

• A) $3,000
• B) $1,100
• C) $900
• D) $3,850

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Definitions:

Breast Feeding

is the process of feeding a baby with milk directly from the mother's breast, offering nutritional and immunological benefits.

Oxytocin

A hormone and neurotransmitter commonly associated with childbirth and bonding, often referred to as the "love hormone" for its role in promoting social and parental bonding.

Endorphins

Natural chemicals in the body that interact with brain receptors to reduce pain perception and lead to feelings of euphoria.

NK Cells

Natural Killer cells, a type of white blood cell that plays a crucial role in the body's immune response by targeting and killing virally infected cells and tumor cells.