Let's say you plan to start a lawn-mowing business for a little extra money over the
summer. A new lawn-mower costs $450. Between the gas you use and the time is takes to travel (your time is important, after all), you estimate you will incur a cost of approximately $6 per lawn you mow. If you charge $35 for each lawn you mow, how many lawns must you mow before you become profitable?
If you plan on mowing only 3 lawns per day, 5 days per week, over the summer, how
long will it take to make a profit of $2,500? Do you think this is a reasonable goal? Why or why
not?
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