MANAGERIAL ECONOMICS NUMERICAL QUESTION PLS HELP

divyanshur25

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a firm bidding on contract to supply light fixtures to a govt office bidding a bid of 2,65,000 and expect to avoid layoff cost of 1,00,000. if it wins the contract this opportunity provides the firm to prove that it can supply a quality product.
The firm feels that if it wins the present job, it has a 50% chance of winning a similar contract next year. Suppose the next contract to be for 3,00,000 with an incremental cost of 2,50,000
ODR-15%:SugarwareZ-179:
 
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