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EC201B Principles of Microeconomics Homework Chapters 7 and 8 5. 2 points Tim mows neighborhood lawns for extra money. Suppose that he would be willing

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EC201B Principles of Microeconomics Homework Chapters 7 and 8 5. 2 points Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for $13 , a second lawn for $18 , 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 $32 to have her lawn mowed, Mr. Wilson would be willing to pay $28 , and Ms. Smith would be willing to pay $21 . If Tim offers to mow lawns for $21 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? $

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