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Business, 30.07.2019 03:00 richie3922

Tim mows neighborhood lawns for extra money. suppose that he would be willing to mow one lawn for $14, a second lawn for $17, and a third lawn for $24. also suppose that three neighbors are interested in having their lawns mowed. mrs. jones would be willing to pay $33 to have her lawn mowed, mr. wilson would be willing to pay $26, and ms. smith would be willing to pay $24. if tim offers to mow lawns for $24 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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