Tim mows neighborhood lawns for extra money. suppose that he would be willing to mow one lawn for $12, a second lawn for $17, and a third lawn for $20. also suppose that three neighbors are interested in having their lawns mowed. mrs. jones would be willing to pay $30 to have her lawn mowed, mr. wilson would be willing to pay $28, and ms. smith would be willing to pay $20.
a) if tim offers to mow lawns for $23 each. what will be his producer surplus?
b) considering mrs. jones. mr. wilson, and ms. smith together, what will be their consumer surplus?

Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5

Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?