Ephemeral services corporation (esco) knows that nine other companies besides esco are bidding for a $900,000 government contract. each company has an equal chance of being awarded the contract. if esco has already spent $100,000 in developing its bidding proposal, what is its expected net profit? a. $10,000

b. $0

c. $100,000

d. $90,000

c. $100,000

Step-by-step explanation:

Calculation of the expected net profit of Ephemeral services corporation

Since we are been told that 9 other companies besides esco are as well bidding for the $900,000 government contract, it means we have to find the expected net profit by dividing 1 by 9×$900,000 .Thus ESCO can only expect to cover its sunk cost.

Hence ,

E(X) = (1/9) × $900,000

E(X)=0.111111111×$900,000

E(X)= $100,000

Therefore the expected net profit would be $100,000

g = (2, 2)

step-by-step explanation:

given the ratio is 1 : 1 then f is the midpoint of eg

let the coordinates of g = (x, y)

using the midpoint formula

(0 + x) = 1 ( multiply both sides by 2 )

0 + x = 2 ⇒ x = 2

similarly

(4 + y) = 3 ( multiply both sides by 2 )

4 + y = 6 ( subtract 4 from both sides )

y = 2

coordinates of g = (2, 2)

your answer would be 12