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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Producer Surplus
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    Ronnie Operates a Lawn-Care Service
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Ronnie Operates a Lawn-Care Service

Question 78

Question 78

Multiple Choice

Ronnie operates a lawn-care service.On each day,the cost of mowing the first lawn is $15,the cost of mowing the second lawn is $25,and the cost of mowing the third lawn is $40.His producer surplus on the first three lawns of the day is $100.If Ronnie charges all customers the same price for lawn mowing,that price is


A) $20.
B) $60.
C) $80.
D) $180.

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