Sometimes a bidder on a work contract may bid lower than

Assignment Help Business Economics

Reference no: EM13378760

Sometimes, a bidder on a work contract may bid lower than what would maximize his/her profit from the contract and the reason for that is to create goodwill (to increase expected future business from the buyer). How would you value the goodwill that is obtained in this way? Guided Response: Think about an example that pertains to you.( health care) If there is expected goodwill would you be prepared to bid lower to get a contract?

Reference no: EM13378760

Questions Cloud

In the period 2000-2003 the rgdp real gdp adjusted for : in the period 2000-2003 the rgdp real gdp adjusted for inflation growth rate in the us averaged 2.39 per year while

Suppose that the marginal utility of good a is 4 times the : suppose that the marginal utility of good a is 4 times the marginal utility of good b but the price of good a is only 2

1 explain why the aggregate supply curve becomes : 1 explain why the aggregate supply curve becomes increasingly steeply sloped at levels of rgdp near full employment and

Is the gdp measure underestimating or overestimating : is the gdp measure underestimating or overestimating national production and total income in the economy? why? what are

Sometimes a bidder on a work contract may bid lower than : sometimes a bidder on a work contract may bid lower than what would maximize hisher profit from the contract and the

Why resources are no longer the most important indicators : why resources are no longer the most important indicators of economic growth disparity among countries? which other

1 the economic function of profits and losses is toa bring : 1 the economic function of profits and losses is toa bring about a more equal distribution of income.b signal that

1 go back to the numerical example with no factor : 1. go back to the numerical example with no factor substitution that leads to the production possibility frontier.a.

A factory benefits from discharging effluent q into a lake : a factory benefits from discharging effluent q into a lake. the marginal benefit function is given by 60-2q. the

User Account

All Pages