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Joe mows lawns in his neighborhood for extra money. suppose the demand for lawn mowing in joe's neighborhood is: upper q subscript upper d = 45 minus 2 upper p and that the supply of lawn mowing (joe's willingness to mow lawns) is: upper q subscript upper s = negative 15 plus upper p. the market-clearing price of lawn mowing is $ 20 20 per lawn and the market-clearing quantity is 5 5 lawns. (enter your responses rounded to two decimal places.) the corresponding consumer surplus is $ 62.5 nothing.
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Joe mows lawns in his neighborhood for extra money. suppose the demand for lawn mowing in joe's neig...
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