underbid

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A contract in which the indifference curves are tangential but that makes a profit also cannot exist in equilibrium, as one could easily under-bid such a contract.
The company under-bid IBM and Compaq to set up HP Vectras, the school's biggest purchase at about $300,000.
Not only was the public happy with the more convenient weekly collection but the union had in effect under-bid all contractors and in the process added two members to the union rolls.
Without SLIM, Heuristic would have under-bid the project and missed deadlines trying to complete a project with unrealistic constraints.