WebBob's lawn-mowing service is a profit-maximizing, competitive firm. Bob mows lawns for $25 each. His total cost each day is $300, of which $60 is a fixed cost. He mows 15 lawns a day. In the short run, Bob should shut down or not shut down. In the long run, Bob should exit or not exit the industry. WebJun 23, 2024 · Bob's lawn-mowing service is a profit-maximizing, competitive firm. Bob mows lawns for $30 each. His total cost each day is $320, of which $70 is a fixed cost. …

A Complete Guide to Lawn Care Business Profit Margins

WebHe mows 5 lawns ping, competitive firm. Bob mows lawns; Question: Bob's lawn mowing service is a profit-maximizing, competitive firm. Bob mows lawns for $30 each. Mis total … WebCompetition Bob's lawn-mowing service is a profit-maximizing, competitive firm. Bob mows lawns for $30 each. His total cost each day is $320, of which $70 is a fixed cost. He mows 10 lawns a day. In the short run, Bob should In the long run, Bob should the industry. the road ahead ndp chords

Solved b. Bob

WebBob's lawn-mowing service is a profit maximizing, competitive firm. Bob mows lawns for $24 each. His total cost each day is $280, of which $30 is a fixed cost. He mows 10 … Webob's lawn-mowing service is a profit-maximizing, competitive firm. Bob mows lawns for $27 each. His total cost each day is $280, of which $30 is a fixed cost. He mows 10 lawn a day. What can you say about Bob's short-run decision regarding shut down and his long-run decision regarding exit. WebJun 22, 2024 · Successful lawn care and landscaping can have operating profit margins between 15% to 45%. Your operating profit margin tells you how much money you take home after deducting your operating costs—labor, material, equipment, and overhead costs. Your lawn care business can be profitable if you estimate your costs accurately and set … the road ahead movie 2022