Evaluate and explain a firms signs a contract to provide maintenance services at fixed rate for the next five years would be affected by fairly rapid inflation?
The firm would not be affected by fairly rapid inflation because it has contract in fixed rate, only changes can be if it has other goods and services that should be bought. Then rapid inflation will influence firm efficiency
Everyone knows the life lesson “you learn from your mistakes” and “no one is perfect.” Although these may ring true,…
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