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.
+2
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.