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Ken Owens Construction specializes in small additions and repairs. His normal charge is $ 4 0 0 ? day plus materials. Due to his physical

Ken Owens Construction specializes in small additions and repairs. His normal charge is
$400? day plus materials. Due to his physical condition, David, an elderly gentleman,
needs a downstairs room converted to a bathroom. Ken has produced a bid for $5000 to
complete the bathroom. He did not provide David with the details of the bid. However,
they are shown here.
Chapter 10 Homework
A. The town's social services has asked Ken if he could reduce his bid to $4,000 Should Ken accept
the counter offer?
B. How much would his income be reduced?
C. If the town's social services guaranteed him another job next month at his normal price, could
he accept this job at $4,000?
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