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The cost-reimbursement contract pricing agreement and the time-and-materials contract pricing agreement both provide the seller's cost of fulfilling the buyer's purchase order and how payment will be reimbursed to the seller. How do these two contract pricing agreements differ?
Your response must be at least 75 words.
Bob borrows $52000 from a local bank at an APR of 7.2% compounded monthly. His monthly payments are $52000(A/P, 0.6%, 54) = $1128 for a 54 month loan. If Jim makes an extra payment on the first month of each year, his repayment duration for the loan ..
In a Monopoly market, a firm is a price maker since there are no close substitutes to the product. You are asked to find the company’s Shut-Down, Break-Even, and Profit-Maximization points. Fixed Costs remains at $1,000.00. Graph the TC and TR on one..
A firm in perfect competition has a Total Cost function of TC = 5Q^2 - 10Q + 20. If the current Price (P) = $5: What is the current quantity and profit? Will firms enter or leave the industry?
According to the Wall Street Journal (Nov. 1, 1995), net income for World Airways in the third quarter of 1995 was $3.359 million or 33 cents per share. This is a significant rebound from its 1994 third quarter performance in which World Airways' net..
Should food and beverage advertising to children be banned? What about for other types of products as well? Is it unethical for food companies to target their ads towards children? In a period when most parents are working, how are children to be pro..
Question: What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
Suppose there are two types of Scottish beer, Skullsplitter and Dragonhead Scout. Draw indifference curve for the following consumer (put Skullsplitter on the x-axis and Dragonhead Stout on the y-axis. Angus likes variety and prefers to drink Skullsp..
Distinguish between an absolute advantage in trade and a comparative advantage. Explain why it is possible to have a comparative advantage in the production of a good, but not an absolute advantage.
Suppose than an oligopolist is charging $21 per unit of output and selling 31 units each day. Also suppose that previously it had lowered its price from $21 to $19, rivals matched the price cut, and the firm’s sales increased from 31 to 32 units. Wha..
In this exercise, you have to look for hidden premises and complex arguments. As your text notes, A hidden premise is a premise that is implied, but not stated. Drug dealing should not be a crime because it does not directly harm others or force them..
Hair Re-Growth Company has developed a new product and is selling its product as fast it can be produced. As a result, the company is predicting growth of 20% per year for the next four years. What is the expected dividend each year for the next four..
In the Solow growth model, human capital will increase if (choose the best answer):
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