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One Problem with a Cost Plus Incentive Fee Procurement Contract

Question 37

Multiple Choice

One problem with a cost plus incentive fee procurement contract is _____.


A) it requires clearly defined output that is not really malleable
B) it almost always leads to higher costs
C) firms have a strong incentive to invest in the most expensive technology to complete the project
D) firms have an incentive to misrepresent final costs

Correct Answer:

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