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Author Question: The _____ contract is generally used in plant and equipment maintenance agreements, where the ... (Read 153 times)

@Brianna17

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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.



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TINA

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Answer to Question 1

d

Answer to Question 2

B




TINA

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