(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.The table shows his variable costs for lawn-mowing and the number of lawns mowed.His only fixed cost is $1,000 for the mower.His variable costs include fuel, his time, and mower parts.He calculates the variable costs as shown in the table.What is Alex's break-even price?
A.$100.00
B.$10.00
C.$50.00
D.$27.50
Correct Answer:
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