Suppose Lydia owns the only lawn-mowing business in the small town of Pleasant Pastures. There are 8 people each week whose lawns she might cut, each with a reservation price given in the accompanying table. Assume that the marginal cost of mowing each lawn is constant and equal to $25.
If Lydia charges the same price to all of her customers, then how many lawns should she mow each week?
A) 2
B) 3
C) 4
D) 5
Correct Answer:
Verified
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