A(n)_____ Allows for Price Increases Based on the Cost-Of-Living Index

question 37

Multiple Choice

A(n) _____ allows for price increases based on the cost-of-living index or some other formula.

• A) price-shading index
• B) factorial clause
• C) quotation index differential
• D) escalator price clause
• E) inelastic demand index

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Definitions:

Close Running

Fit type characterized by a small but non-restrictive clearance that allows components to move together smoothly without excessive play or looseness.

Grades

Levels of quality or size in a uniform set of specifications, or levels of academic achievement in educational contexts.

Ø30 f7 Fit

A specification for a cylindrical fit where Ø30 defines the nominal diameter in millimeters and f7 specifies the tolerance class for a hole.

High Precision Fit

Refers to a high degree of accuracy in the mating of two machine parts, ensuring minimal play or clearance between them.