Use the Following to Answer Question

question 258

Multiple Choice

Use the following to answer question:
-(Table: Variable Costs for Lawns) Use 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;so,for example,the marginal cost of mowing each of the lawns from 1 through 10 is $10.Also assume that he can only mow the quantities of lawn given in the table (and not numbers in between) .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 much is Alex's profit per unit at the profit-maximizing output?

• A)-$10.00
• B)$10.00
• C)$23.33
• D)-$20.00

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Definitions:

Self-Care Deficit

A situation where an individual is unable to perform activities of daily living required for personal care due to physical, emotional, or cognitive reasons.

Impaired Physical Mobility

A reduction in the ability to move freely, which can be due to various factors such as injury, disability, or illness.

Visual Alterations

Refers to changes or disturbances in vision, which can range from blurriness to complete loss of sight in one or both eyes.

Self-Care Ability

The individual's capacity to independently perform tasks and activities that contribute to health, well-being, and management of illness or disability.