Why might a contractor decide not to bid a particular project?
What will be an ideal response?
Factors include the likelihood of getting the project, potential profitability of the project, cash resources to build the project, retention rate, bonds required, bonding capacity, work on hand, size and type of job, location, availability of subcontractors and suppliers, designers, quality of the construction documents, payment schedule, project funding, owners, availability of qualified personnel (both trade and management), and availability of equipment.
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Which of the following is true about oligopoly?
A) There are many sellers B) There is no ability to set price C) There are few buyers D) none of the above
If a hydraulic pressure of 1,000 psi acts on a piston measuring 25 sq. in., what amount of linear force would result?
A. 25 pounds B. 250 pounds C. 2,500 pounds D. 25,000 pounds
Automatic parking brake release systems use ________ to release the parking brake
A) A vacuum servo B) An electric solenoid C) Either A or B D) Neither A nor B
Muscle contains approximately 50% water.
Answer the following statement true (T) or false (F)