Hudson Kling mows yards during the summer. Which of the following is an example of revenue for Kling?Group of answer choicesa tire repair kit and extra air filters for the lawn mowera trip to the lawn mower repair shop to get his machines blade sharpenedthe new pair of shoes he had to buy because he accidentally ran over a pair with his mowerthe $10 tip Mrs. Pierre gave him for doing such a fine job of mowing her yardthe gas can he had to buy so his mower wouldn't run out of gas while he mowed Mr. Johnson's five-yard pasture

Zoe mows lawns in the summer to earn extra money. She usually charges $15 per week, but she offers a special rate of $59.50 if a customer prepays for 5 weeks. How much does a customer pay for each week with the special rate?

Firm's price multiplied by Quantity of output produced gives __.Multiple choice question.marginal revenuetotal revenueaverage revenuetotal profits

(7 marks) Still under the assumption that YYS rents lawn mowersfor $4 per day and pays workers $6 per day, suppose that YYS hasentered into a contract to rent exactly Öve lawn mowers for today, sothe only factor YYS can vary in the short run (that is, today) is thenumber of workers they engage to mow lawns today. Determine thefollowing:total product of labor, marginal product of labor, average productof labor, short-run total cost, short-run variable cost, short-run Öxedcost, short-run average cost, short-run variable cost, short-run averageÖxed cost, short-run marginal cost

Multiple Choice QuestionGross income or profit equals revenues minus the ______ required to generate the revenue.Multiple choice question.owner's equityresearch and developmentsalaries and expensescost of goods sold

Which of the following is an implicit cost of owning and operating a farm?multiple choicethe money a farmer could earn by working for someone elsethe money paid for repairing a tractorthe money received for crops grown during the growing seasonthe money paid for fertilizer each growing season