A company does not set a final price until the product is finished or delivered. This is known as ________.
A) delayed quotation pricing
B) an escalator clause
C) special-event pricing
D) time pricing
E) the shallow-pockets trap

Question

Quizplus · Accepted Answer

This is known as delayed quotation pricing, where the company waits until the product is finished or delivered before setting a final price. This may be done to account for any unexpected costs or changes in market conditions.

A Company Does Not Set a Final Price Until the Product