Terry and Ed start a lawn mowing business and purchase the mowers and equipment for $1,300. They charge $15 for each lawn and use $2 worth of gas for each job. How many lawns must Terry and Ed mow before breaking even? (1 point) Responses 10 lawns 10 lawns 50 lawns 50 lawns 100 lawns 100 lawns 1,000 lawns

Answer 1

To break even, Terry and Ed need to recover the initial investment of $1,300.

For each lawn, they earn $15 and spend $2 on gas, so they earn a profit of $15 - $2 = $13 per lawn.

To recover the initial investment of $1,300, they need to mow $1,300 / $13 = 100 lawns.

Therefore, Terry and Ed must mow 100 lawns before breaking even.