Help Save 4 Carlos is risk-neutral and has an ancient farmhouse with great character for sale in Slaterville Springs. His reservation price for the house is $130,000. The only possible local buyer is Whitney, whose reservation price for the house is $170,000. The only other houses on the market are modern ranch houses that sell for $125,000, which is exactly equal to each potential buyer's reservation price for 56 such a house. Suppose that if Carlos does not hire a realtor, Whitney will learn from her neighbor that Carlos's house is for sale and will pints buy it for $150,000. However, if Carlos hires a realtor, he knows that the realtor will put him in touch with an enthusiast for old farmhouses who is willing to pay up to $300,000 for the house. Carlos also knows that if he and this person negotiate, they will agree on a price of $170,000. eBook If realtors charge a commission of 5 percent of the selling price and all realtors have opportunity costs of $2,000 for negotiating a sale, References will Carlos hire a realtor? Yes v , Carlos will hire a realtor. How will total economic surplus be affected? Instructions: Enter your responses as whole numbers. Total economic surplus without the realtor: $ Total economic surplus with the realtor (including the realtor's surplus): $ 168000