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:
22,40,62
Step-by-step explanation:
0+2=2 2+6=8 8+10=18
2 6 10 14 18 22 four in between
so you will add these numbers each time
18+14=22 22+18=40 40+22=62
Answer:
The second company is a better deal
Step-by-step explanation:
Answer:
370
Step-by-step explanation:
50 + x = 420
x = 420 - 50
x = 370
Answer:
Step-by-step explanation:
In the first column, put days at the top and pounds at the bottom.
So Day 1 = 75 pounds, Day 2=150 pounds, Day 3 = 225 pounds, etc..
