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4. Jeff's bid on a contract was $15 980.00. His costs would be $12 250.00, plus he
would have to pay a labourer for 36 hours at $12.45/hr.
a) Jeff's potential client indicated that another contractor offered a bid that was 10%
lower. Would Jeff be justified in lowering his contract price to the same amount?
Why or why not?

Sagot :

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