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Determining the average cost

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Edward the entrepreneur takes 2 hours to cut a lawn and he cuts 100lawns 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 $20per hour as a pedicurist. The interest rate is 10 percent.

Given his current output level, his marginal cost is $40 (enter your response to the nearest dollar) and his average cost is $ (enter your response to the nearest dollar

Can you assist with "his average cost" I thought it was 42 but that was incorrect is

Reference no: EM131168196

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