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Morgan is planning to run a small lawn care business this summer. He can rent a ride-on lawn tractor for $740 per month. He estimates

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Morgan is planning to run a small lawn care business this summer. He can rent a ride-on lawn tractor for $740 per month. He estimates that it will cost $5 in gasoline to cut the average lawn, and he intends to charge a flat rate of $25 per lawn. a. What is the contribution rate that Morgan's business is expected to generate? Contribution rate b. What is Morgan's break-even level of revenue per month? Break-even revenue $ per month c. How many lawns per month must Morgan cut in order to break even? Breakeven point lawns per month

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