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2 years ago

What is the maximum period of time that a personal services contract for temporary consultant services may be awarded?

Business

1 answer:

Kisachek [45]2 years ago

6 0

Answer: 1 year

Explanation: According to the Defence Federal Acquisition Regulation under 237.106, personal service contracts that apply to consulting or expert services will be limited to one year. However this will only apply to duties that are temporary (limited to 1 year, or 12 months), or non cumulative days (needs to be 130 days or more that are broken up within a year). During this time the officer contracting the service will enter into a contract, make an order, or exercise options for various services that do not exceed 1 year.

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Owen is looking to sell his guitar for nothing less than $60. Suppose Shannon offers him $100, although she was willing to pay u

AnnZ [28]

Answer:

The total value created is $70

Explanation:

In this scenario, the total value created is the total monetary benefit of a consumer and a producer with respect to the sale of a product. It therefore, is the sum of the consumer surplus and producer surplus. It is calculated as follows:

Consumer surplus = consumer's willing price - market price = 130 - 100 = $30

Producer surplus = market price - producer's willing price = 100 - 60 = $40

Therefore, total value created = 40 + 30 = $70

7 0

2 years ago

Westerlands and Crownlands are two countries that trade with each other and no other countries. Assume that Westerlands’ currenc

Alex73 [517]

Answer:eat some nice food

Explanation:

Its good for ur health

7 0

2 years ago

Bluebird Mfg. has received a special one-time order for 15,000 bird feeders at $3 per unit. Bluebird currently produces and sell

Orlov [11]

Answer:

Net income will increase by $11,250

Explanation:

Provided information,

Current sales = 75,000 units which represents 80% capacity

Therefore, 100% capacity = $\frac{75,000}{0.8} = 93,750 units$

Fixed cost at 100% capacity = $1.25 $\times$ 93,750 = $117,187.50

Therefore,

Current net income

Sales = 75,000 $\times$ $7.00 = $525,000

Less: Variable cost = 75,000 $\times$ $3.50 = $262,500

Less: Fixed Cost = $117,187.50

Net Operating Income = $145,312.50

Now with the additional order, which is of 15,000 units the additional ideal capacity of 20% will be utilized, further no fixed cost will be incurred, as the entire fixed cost for 100% capacity is utilized, thus

Sales = 15,000 $\times$ $3 = $45,000

Less: Variable cost = 15,000 $\times$ $2.25 = $33,750

Net Income = $11,250

Thus, the net income will increase by $11,250

5 0

1 year ago

If a contractor is planning to build a new apartment complex, he or she needs to consult the _______ to avoid any potential fine

Studentka2010 [4]

<span>If a contractor is planning to build a new apartment complex in the Unites States, then he will have to abide by a few laws in order to avoid violation charges.

However, the US Attorney General does not have the jurisdiction to issue fines even if many laws have been violated by the contractor.

The contractor should supposedly follow all the laws especially the ADA law (Americans with Disabilities Act).
</span>

7 0

2 years ago

Consider two markets: the market for coffee and the market for hot cocoa·The initial equilibrium for both markets is the same, t

den301095 [7]

Answer:

The elasticity of supply for hot cocoa is 1.43.

(D) Supply in the market for coffee is less elastic than supply in the market for hot cocoa

Explanation:

Using the midpoint formula,

Elasticity of supply for hot cocoa = (change in quantity supplied/average quantity supplied) ÷ (change in price/average price)

change in quantity supplied = 101 - 31 = 70

average quantity supplied = (101+31)/2 = 66

70/66 = 1.06

change in price = 9.75 - 4.5 = 5.25

average price = (9.75+4.5)/2 = 7.125

5.25/7.125 = 0.74

Elasticity of supply for hot cocoa = 1.06 ÷ 0.74 = 1.43. The supply for hot cocoa is elastic because the elasticity of supply is greater than 1.

Elasticity of supply for coffee = (73 - 31)/(73+31)/2 ÷ 0.74 = 42/52 ÷ 0.74 = 0.81 ÷ 0.74 = 1.09. The supply for coffee is elastic because the elasticity of supply is greater than 1.

However, supply in the market for coffee is less elastic than supply in the market for hot cocoa because the elasticity of supply for coffee is less than that of hot coffee.

7 0

2 years ago