Professional Painter Company C Hours of Marginal Marginal Consumer time Benefit Cost Surplus 425 75 IN 275 75 3 140 75 4 75 75 5 50 75 6 35 75 7 10 75 8 0 75 How many hours would you hire Company C for? What is your consumer surplus if you hired Company C? Now, suppose that you know you want to hire with Company C. You know that Professional Painter Company C has a new deal where you can choose either he $75/hr rate or a flat rate of $379. The flat rate is for a full 8-hour day. Using the concept of consumer surplus, which fee plan would you choose? In answering the above, find: Consumer surplus when the fee plan is $75/hr: Consumer surplus when the fee plan is $379: Choice of plans