Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for $11, a second lawn for $16, and a third lawn for $25. 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 $25. If Tim offers to mow lawns for $25 each, what will be his producer surplus? $ 23. (Enter a numeric response using an integer.) Considering Mrs. Jones, Mr. Wilson, and Ms. Smith together, what will be their consumer surplus? $10 5. Graphing Question In the graph, draw the demand curve for rental units and the supply curve of rental units. Label these curves D and S. Draw a point at the market equilibrium. Label it Po. Draw a curve to show an effective rent ceiling. Label it. Draw a point to show the quantity of rental units supplied at the rent ceiling. Label it P. Draw a point to show the quantity of rental units demanded at the rent ceiling. Label it P2. Rent (dollars per month) 1200- 1000- 800- 600- 400- 200- 0 200 Market for Rental Units 400 600 Quantity (rental units) 800 1000