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Dd has received an offer to excavate 250 meters

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Reference no: EM132343920

L is Labor hours and Q is the length in meters wage rate = $18

Fixed Cost is $40

(a) DD has received an offer to excavate 250 meters for a lump sum price of $750. is this a good offer?

(b) Suppose instead of the previous offer DD is offered as much or as little excavation work at a price of $3.00 per meter dug. is this a good offer?

Reference no: EM132343920

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