Business, 08.10.2019 22:00 DivineMemes420

Tim mows neighborhood lawns for extra money. suppose that he would be willing to mow one lawn for $10, a second lawn for $15, and a third lawn for $21. also suppose that three neighbors are interested in having their lawns mowed. mrs. jones would be willing to pay $30 to have her lawn mowed, mr. wilson would be willing to pay $26, and ms. smith would be willing to pay $21.
if tim offers to mow lawns for $21 each, what will be his producer surplus? considering mrs. jones, mr. wilson, and ms. smith together, what will be their consumer surplus?

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Tim mows neighborhood lawns for extra money. suppose that he would be willing to mow one lawn for $1...

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