(Table: Variable Costs for Lots) Look at the table Variable Costs for Lots.During the winter, Alexa runs a snow-clearing service, and snow clearing is a perfectly competitive industry.The table provided shows her variable costs for snow clearing and number of lots cleared.Her only fixed cost is $1,000 for a snowplow.Her variable costs include fuel, her time, and hot coffee.Which of the following is a point on Alexa's short-run supply curve?
A.P = $40; Q = 10.
B.P = $10; Q = 200.
C.P = $35; Q = 50.
D.P = $0; Q = 0.
Correct Answer:
Verified
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