Asked by
Deanna Brzowski
on Nov 22, 2024
Verified
An escalator clause ensures that the customer does not incur financial hardship as a result of increases to the cost of a product.
Escalator Clause
A section in a contract that provides for price increases if certain, specified conditions occur.
- Explore various pricing techniques and their implications for customer perception and the demand for goods.
Verified Answer
DD
Learning Objectives
- Explore various pricing techniques and their implications for customer perception and the demand for goods.