Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one
lawn for $14 , a second lawn for $19 , and a third lawn for $20 . Also suppose that three
neighbors are interested in having their lawns mowed. Mrs. Jones would be willing to pay $32 to
have her lawn mowed, Mr. Wilson would be willing to pay $30 , and Ms. Smith would be
willing to pay $20 . If Tim offers to mow lawns for $20 each, what will be his producer surplus?
(Enter a numeric response using an integer.) Considering Mrs. Jones, Mr. Wilson, and Ms. Smith
together, what will be their consumer surplus?.
Tim mows neighborhood lawns for extra money- Suppose that he would be.pdf
1. Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one
lawn for $14 , a second lawn for $19 , and a third lawn for $20 . Also suppose that three
neighbors are interested in having their lawns mowed. Mrs. Jones would be willing to pay $32 to
have her lawn mowed, Mr. Wilson would be willing to pay $30 , and Ms. Smith would be
willing to pay $20 . If Tim offers to mow lawns for $20 each, what will be his producer surplus?
(Enter a numeric response using an integer.) Considering Mrs. Jones, Mr. Wilson, and Ms. Smith
together, what will be their consumer surplus?
