subject
Business, 09.09.2019 23:30 mervindavisk

Moe green estimates the cost of future projects for a large contracting firm. mr. green uses precisely the same techniques to estimate the costs of every potential job, and formulates bids by adding a standard profit markup. for some companies to whom the firm offers its services, no competitors exist, so they are almost certain to get them as clients. for these jobs, mr. green finds that his cost estimates are right, on average. for jobs where competitors are also vying for the business, mr. green finds that they almost always end up costing more than he estimates. why does this occur?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 13:10
The table below is comparing level of education achieved to the rate of unemployment and the median weekly earnings in 2008. based on the information provided, the unemployment rate decreases the most when moving between which two consecutive educational levels? a. “less than high school” and “high school graduate” b. “high school graduate” and “some college, no degree” c. “associate degree” and “bachelor’s degree” d. “professional degree” and “doctoral degree”
Answers: 1
question
Business, 21.06.2019 20:30
Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?
Answers: 3
question
Business, 22.06.2019 17:00
During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak
Answers: 2
question
Business, 22.06.2019 19:00
The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.
Answers: 1
You know the right answer?
Moe green estimates the cost of future projects for a large contracting firm. mr. green uses precise...
Questions
question
Mathematics, 06.04.2021 22:00
question
History, 06.04.2021 22:00
question
Mathematics, 06.04.2021 22:10
question
English, 06.04.2021 22:10
question
Spanish, 06.04.2021 22:10
question
Mathematics, 06.04.2021 22:10