Economics: Other Economics Problems – #29493

Question: Good Will In Price Bidding. – Due by Thursday, Aug. 7th. Sometimes, a bidder on a work contract may bid lower than what would maximize his/her profit from the contract and the reason for that is to create goodwill (to increase expected future business from the buyer). How would you value the goodwill that is obtained in this way?


log in

reset password

Back to
log in