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In a Small Town,the Market Price for a Day's Worth

Question 157

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In a small town,the market price for a day's worth of yard work is $85.If Artie would be willing to do the work for as little as $75,Belinda would do it for as little as $78,Corazon would do so for as little as $81,and Darius would only do yard work for $88,what is the producer surplus for this group of workers on a given day when everyone who wants to work does so? Explain how the number was obtained.

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Artie does yard work,since he can earn $...

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