Ally mows lawns for a living.Ally's out-of-pocket expenses (for equipment,gasoline,and so on)plus the value that she places on her own time amount to her

Question

Quizplus · Accepted Answer

The out-of-pocket expenses and the value of Ally's time are the costs incurred in mowing lawns, hence the answer is the cost of mowing lawns. Options A and D are incorrect as they refer to profits, which are calculated as revenues minus costs. Option B is the opposite of profit and doesn't relate to the scenario described.

Ally Mows Lawns for a Living