Question: gildea builders builds 1 , 5 0 0 square foot starter tract homes in the fast - growing suburbs of tulsa. land and labor are

gildea builders builds

1, 500

square foot starter tract homes in the fast

-

growing suburbs of tulsa. land and labor are inexpensive, and competition among developers is fierce. the homes are cookie cutter, with any upgrades added by the buyer after the sale. gildea builders would like to earn a profit of

14 %

of the variable cost of each home.

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