This topic contains a solution. Click here to go to the answer

Author Question: The _____ contract is generally used in plant and equipment maintenance agreements, where the ... (Read 177 times)

@Brianna17

  • Hero Member
  • *****
  • Posts: 550
The _____ contract is generally used in plant and equipment maintenance agreements, where the supplier cannot determine accurate costs prior to the repair service.
 a. fixed-price with redetermination
  b. firm fixed price
 c. cost-sharing
 d. time and materials
 e. cost plus fixed-fee

Question 2

For some product categories, customers simply have come to expect finding products priced at customary levels. The expected prices for such products are referred to as:
 a. Price lines.
  b. Price points.
  c. Standard prices.
  d. Promotional prices.
  e. Psychological prices.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TINA

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

d

Answer to Question 2

B




TINA

  • Sr. Member
  • ****
  • Posts: 336

 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

For a complete list of videos, visit our video library