Afirm supplies aircraft engines to the government and to private firms. it must decide between two mutually exclusive contracts. if it contracts with a private firm, its profit will be $2 million, $1 million, or -$1 million with probabilities .25, .4, and .35, respectively. if it contracts with the government, its profit will be $4 million or -$2.5 million with respective probabilities .4 and .6. which contract offers the greater expected profit or loss?

a. the private contract offers the greater expected profit.
b. the government contract offers the greater expected profit.
c. both contracts offer the same expected profit.
d. the private contract results in a greater expected loss.
e. the government contract results in a greater expected loss.

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.