Scenario 8-2
Roland mows Karla's lawn for $25.Roland's opportunity cost of mowing Karla's lawn is $20,and Karla's willingness to pay Roland to mow her lawn is $28.
-Refer to Scenario 8-2.If Karla hires Roland to mow her lawn,Karla's consumer surplus is

Question

Quizplus · Accepted Answer

Karla's consumer surplus is the difference between her willingness to pay ($28) and the amount she actually pays ($25), which is $3.

Scenario 8-2 Roland Mows Karla's Lawn for $25.Roland's Opportunity Cost of Mowing