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Explanation & Answer
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Consider the following problem. Mike and Tim are looking to earn a little extra money.
The beach committee offers them the opportunity off picking up plastic bottles, paying
them $0.20 per bottle. Mike realizes as they pick up it will get harder and harder to find
more bottles. So as an incentive to keep looking he suggest a different form of payment.
He suggests $0.10 for the first bottle, and increase th...