Tag: Economics in the construction industry
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Draft An Explanation of the principles of economics that affect decision making by the seller and the buyer such as rationality, perfect information, self-interest, and equilibrium.
Economics in the construction industry A large construction firm has won a contract to build a luxury mixed used development including private and social housing units as well as commercial units. You are employed by this firm to evaluate the market and to find the best price for marble that will be used throughout the…