1. Lisa's Lawn Company (LLC) is a lawn-mowing business in a perfectly competitive market for lawn-mowing services. The following table sets out Lisa's costs. Quantity (lawns per hour) Total Cost (dollars per lawn) $30 40 55 OUT A WN HC 75 100 130 165 a. If the market price is $30 per lawn, how many lawns per hour does Lisa's LLC mow? b. If the market price is $30 per lawn, what is Lisa's profit in the short run? c. If the market price falls to $20 per lawn, how many lawns per hour does Lisa's LLC mow? d. If the market price falls to $20 per lawn, what is Lisa's profit in the short run? e. At what market price will Lisa shut down? f. When Lisa shuts down, what will be her economic loss? g. If Lisa's LLC was the only lawn-mowing business in town, what would be different than any of the situations above