One of the components of direct cost of construction projects is equipment cost where a contractor has the option to rent or to buy the needed equipment for a construction activity. Suppose the contractor owns equipment needed for a project, in the cost estimates will the contractor charge equipment cost? Why?
One of the components of direct cost of construction projects is equipment cost where a contractor has the option to rent or to buy the needed equipment for a construction activity. Suppose the contractor owns equipment needed for a project, in the cost estimates will the contractor charge equipment cost? Why?
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 15SQ
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One of the components of direct cost of construction projects is equipment cost where a contractor has the option to rent or to buy the needed equipment for a construction activity. Suppose the contractor owns equipment needed for a project, in the cost estimates will the contractor charge equipment cost? Why?
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