Answer:
c. $100,000
Step-by-step explanation:
Calculation of the expected net profit of Ephemeral services corporation
Since we are been told that 9 other companies besides esco are as well bidding for the $900,000 government contract, it means we have to find the expected net profit by dividing 1 by 9×$900,000 .Thus ESCO can only expect to cover its sunk cost.
Hence ,
E(X) = (1/9) × $900,000
E(X)=0.111111111×$900,000
E(X)= $100,000
Therefore the expected net profit would be $100,000
Answer:
A
Step-by-step explanation:
Answer:
0
Step-by-step explanation:
Answer:-18 and T=3+Y
Step-by-step explanation:
Answer: w = -3u/2 + 2
Step-by-step explanation:
-12u + 13 = 8w - 3
-12u + 13 + 3 = 8w -3 + 3
-12u + 16 = 8w
w = -3u/2 + 2
