Tim mows neighborhood lawns for extra money. suppose that he would be willing to mow one lawn for $10, a second lawn for $15, and a third lawn for $24. also suppose that three neighbors are interested in having their lawns mowed. mrs. jones would be willing to pay $31 to have her lawn mowed, mr. wilson would be willing to pay $30, and ms. smith would be willing to pay $24. if tim offers to mow lawns for $24 each, what will be his producer surplus? $ nothing. (enter a numeric response using an integer.)

The producer surplus is $23

Explanation:

Producer surplus: The producer surplus show a difference between the producer willing to supply and the received price

In mathematically,

Producer surplus = (willing to supply -  received price by the consumer)

So,

The producer surplus would equal to

= ($24 - $10) + ($24 - $15) + ($24 - $24)

= 14$ + $9 + $0

= $23

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.

according to the song of roland, the characteristics of an ideal knight are: loyalty to the king, skilled warriors and horseman, valiant, bold, courageous, strong and proud in battle. they should be determined to fulfil their duties and willing to die to make their people safe.