In a fixed-price-incentive-fee contract, the point of total assumption refers to the point in the project cost

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In a fixed-price-incentive-fee contract, the “point of total assumption” refers to the point in the project cost curve where:
A. The customer assumes responsibility for every additional dollar that is spent in fulfillment of the contract.
B. The contractor assumes responsibility for every additional dollar that is spent in fulfillment of the contract.
C. The price ceiling is reached after the contractor recovers the target profit.
D. None of the above

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