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1) Suppose you are negotiating with a contractor over the price of the project and the amount of time it will take to get the

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1) Suppose you are negotiating with a contractor over the price of the project and the amount of time it will take to get the project done. You prefer a lower price and less time, the contractor prefers the reverse. Suppose the current offer on the table is $10000 for the roject to be completed in 10 weeks. The contractor mentions that he can save $1000 if gets an extra week to complete the project. It costs you $500 in lost prots if the project takes a week longer to complete. You should probably suggest: A. A contract with a higher price and longer time to completion. B. A contract with a higher price and shorter time to completion. C. A contract with a lower price and longer time to completion. D. A contract with a lower price and shorter time to completion

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