Which of the following better explains 'Contract Unit Rate'?
A) This is a situation where payments are made based upon the contract number of units produced during the completion of the work.
B) This is a situation where payments are made based upon the actual number of units produced during the completion of the work.
C) This is a situation where payments are made based upon the number of units started during the work.
D) This is a situation where payments are made based upon the planned number of units to be produced during the completion of the work.
Correct Answer:
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