Producer surplus is the excess of the actual price over the asking or reservation price.

That is, PS = Actual price - Reservation price. The reservation price is the seller's
minimum acceptable price.

a. David's asking price = Actual price.

Producer Surplus = Actual price - Reservation price =
$60 -$60=$0.

b.Gina's reservation price is $6,000. The actual price is $4,500.

She does not go through with the transaction.
Producer surplus =$0

c. Michelle was willing to sell the muffins for $0.50 but ended up being paid $1.75.
Producer surplus = $1.75 -0.50 =$1.25

d.Joshua would have gladly worked for a salary of $0. However he is paid $60,000.
Producer surplus = $60,000-$0 =$60,000.