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 mower) that will last foreverlong dashand could be sold at any time for $20,000. edward could earn $16 per hour as a pedicurist. the interest rate is 10 percent.

a. given his current output level, his marginal cost is $20 (enter your response to the nearest dollar) and his average cost is $24.00(enter your response to the nearest dollar).
b. suppose he decides to reduce the number of lawns cut by half, to 250 per year. his new marginal cost is $20 (enter your response to the nearest dollar) and his new average cost is $nothing (enter your response to the nearest dollar).

Which are the best examples of costs that should be considered when creating a project budget?

Employees at a library check out books to patrons. books have an isbn and a name. the library sometimes has multiple copies of the same book. books have one or more authors. a patron is an individual who has an active (non-expired) library card. for each library card, we store the person's first and last names and their address. for each employee, we store their employee id, current salary, first and last name and their address. we also store the employee id of their current manager. each time we check out a book to a patron we need to store the date of the transaction, the employee who checked out the book to the patron, and the library card of the patron. some employees have library cards. if an employee patron turns in a book late, the fine that they pay is a percentage of their salary. some employees are authors who have library cards—they are allowed to check out as many books as they like.

Which of the following is an example of a production quota? a. the government sets an upper limit on the quantity that each dairy farmer can produce. b. the government sets a price floor in the market for dairy products. c. the government sets a lower limit on the quantity that each dairy farmer can produce. d. the government guarantees to buy a specified quantity of dairy products from farmers.