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    Microeconomics Study Set 21
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    Exam 9: Decision Making by Individuals and Firms
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    Feng Is Thinking of Mowing Lawns Over the Summer
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Feng Is Thinking of Mowing Lawns Over the Summer

Question 3

Question 3

Multiple Choice

Feng is thinking of mowing lawns over the summer.His friend Jason mows lawns,and he says that the marginal cost of mowing the fourth lawn in a day is $40.Feng thinks about it and realizes that the total cost of mowing four lawns is:


A) $160.
B) $40.
C) $80.
D) not possible to determine from the information provided.

Correct Answer:

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