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Variable Costs for Pool Cleaning. During the summer, Elijah runs a pool cleaning service, and pool cleaning is a perfectly competitive industry. Assume that costs
Variable Costs for Pool Cleaning. During the summer, Elijah runs a pool cleaning service, and pool cleaning is a perfectly competitive industry. Assume that costs are constant in each interval; so, for example, the marginal cost of cleaning each pool from 1 through 10 is $10. Also assume that he can only clean the quantities of pools given in the table (and not numbers in between). His only fixed cost is $1,000 for the pool cleaning equipment. His variable costs include fuel, his time, and other everyday pool supplies. If the price of cleaning a pool is $40, how much is Elijah's profit at the profit-maximizing output
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