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:
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Step-by-step explanation:
Answer: two-column
Step-by-step explanation:
Answer:
y = √{(a - x)/2b}
Step-by-step explanation:
x=a-2by²
2by² = a - x
divide through by 2b
y² = (a - x)/2b
y = √{(a - x)/2b}
