Suppose Lydia owns the only lawn-mowing business in the small town of Pleasant Pastures. There are 8 people each week whose lawns she might cut,
each with a reservation price given in the accompanying table. Assume that the marginal cost of mowing each lawn is constant and equal to $25.
Reservation
Customer
Price
A
$ 36
B
34
C
32
D
30
E
28
F
26
G
24
H
22
If Lydia charges the same price to all of her customers, then what price should she charge if she wants to maximize her profit?
Multiple Choice
$34
$30
