Bob has a painting business. He knows that providing services costs him $75 per hour on average during normal business hours. After normal hours (after 5pm) it cost Bob $100 per hour (due to overtime pay, reduced productivity, and the added wear and tear on his equipment). A potential client offers Bob $90 per hour to provide services but needs him to provide the services after 5 PM due to circumstances at the property.

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In the given scenario Bob has a painting business and incurs different costs for providing services ... View the full answer