The smarter way
to do assignments.

Please note that this is just a preview of a school assignment posted on our website by one of our clients. If you need assistance with this question too, please click on the Order button at the bottom of the page to get started.

Edward the entrepreneur takes two hours to cut a lawn
Edward the entrepreneur takes 2 hours to cut a lawn, and he cuts 1,000 lawns per year. He uses solar-powered equipment (truck and mover) that will last forever — and could be sold at any time for \$20,000. Edward could earn \$12 per hour as a pedicurist. The interest rate is 10%. Given his current output level, compute his marginal cost and average cost of cutting lawns. Suppose he decides to reduce the number of lawns cut by half, to 500 per year. Compute the new marginal cost and average cost. answer: Edward the entrepreneur ta kes 2 hours to cut a lawn, and he cuts 1,000 lawns per year. He uses solar-powered equipment (truck and mover) that will last forever — and could be sold at any time for \$20,000. Edward could earn \$12 per hour as a pedicurist. The interest rate is 10%. Given his current output level, compute his marginal…

t and average cost of cutting lawns. Suppose he decides to reduce the number of lawns cut by half, to 500 per year. Compute the new marginal cost and average cost. 2 hours to cut a lawn, and he cuts 1,000 lawns per year = 2000 HOURS PER YEAR 2000 HOURS PER YEAR X12= 24000 DOLLARS equipment—————————————————————-\$20,000 \$20,000———.interest rate is 10%.= 2000 24000 DOLLARS + 2000=26000 DOLLARS———— ================================ average cost= total cost /quanitity=26000 DOLLARS / 2000 HOURS PER YEAR = \$13

## GET HELP WITH THIS ASSIGNMENT TODAY

Clicking on this button will take you to our custom assignment page. Here you can fill out all the additional details for this particular paper (grading rubric, academic style, number of sources etc), after which your paper will get assigned to a course-specific writer. If you have any issues/concerns, please don’t hesitate to contact our live support team or email us right away.