Compute the Cost. Edward the entrepreneur takes 2 hours to cut a lawn and he cuts 1,000 lawns per year. He uses solar-powered equipment (truck and mower) that will last forever long dashand could be sold at any time for $20,000. Edward could earn $20 per hour as a pedicurist. The interest rate is 10 percent.

a. Given his current output level, his marginal cost is $_______ (enter your response to the nearest dollar)