Tom tunes pianos in his spare time for extra income. buyers of his service are willing to pay $155 per tuning. one particular week, tom is willing to tune the first piano for $120, the second piano for $125, the third piano for $140, and the fourth piano for $160. assume tom is rational in deciding how many pianos to tune. his producer surplus is
a. $95.
b. $80.
c. $75.
d. $60.

B - $80

Explanation: Producer surplus is the difference btw what a consumer is paying and what a producer is charging.

From the above questions, Tom tuned the following pianos:

Buyer willing to pay $155.

Tom tuned piano 1 for $120, therefore his surplus on piano 1 is $155 - $120 = $35

Tom tuned piano 2 for $125, therefore his surplus on piano 2 is $155 - $125 = $30

Tom tuned piano 3 for $140, therefore his surplus on piano 3 is $155 - $140 = $15

Tom tuned piano 4 for $160, therefore his surplus on piano 4 is $155 - $160 = ($5)

All together his surplus is $35+$30+$15 =$80

B) $80

Explanation:

The price for every piano tuning = $155, and Tom's costs for tuning pianos area as following:

Since Tom is rational, he will only tune 3 pianos per week, since the tuning of the fourth piano is more expensive than the price charged.

Therefore, Tom's total suppliers surplus = $35 + $30 + $15 = $80

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

answer; i believe the correct answer is (business necessity defense;