farre42102 farre42102

16-01-2024
Mathematics

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A construction company is planning to bid on a building contract. The bid costs the company $1400. The probability that the bid is accepted is 2⁵. If the bid is accepted, the company will make $13,500 minus the cost of the bid.
a. $5,400

b. $8,100

c. $13,500

d. $12,100

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