In Figure 6.3 the sixth lawn is not cut because the ________ of the sixth consumer (Siggy,

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In Figure 6.3 the sixth lawn is not cut because the ________ of the sixth consumer (Siggy, in Figure 6.1) is ________ the ________ of the sixth producer (Efrin, in Figure 6.2).

 Figure 6.1

Price per lawn $25 22 19 16 13 10 7 + 0 1 1 1 1 1 1 Juan Tupak Thurl Forest 2 3 4 5 Number of lawns cut per

 Figure 6.2

Price per lawn $14 12 10 00 6 4 2 0 Abe Bea Cecil Dee 2 3 4 5 Number of lawns cut per hour Eve 6 Efrin Supply


 Figure 6.3

Price per lawn $25 22 19 16 13 10 8 6 4 2 0 Juan Abe Tupak Bea Thurl Cecil Forest Dee Fivola Eve 2 3 4 5

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Microeconomics Principles Applications And Tools

ISBN: 9780134078878

9th Edition

Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez

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