Multiple Choice
When buying highly technical, few-of-a-kind products such as hydroelectric power plants, governments have found that general contractors are reluctant to specify a formal, fixed price for the procurement. Therefore, these contractors use __________ to compensate them for any cost overruns.
A) cost-plus-percentage-of-cost pricing
B) experience curve pricing
C) cost-plus-fixed-fee pricing
D) standard markup pricing
E) yield management pricing
Correct Answer:
Verified
Correct Answer:
Verified
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