escalation clause is ........

Costing - Phase (I & II) Methods of Costing

escalation clause is..............

is a clause in a contract which calls for a price decrease if there se decrease in certain costs.

is a clause in a contract provides that the contract price would be suitably enhanced on the happening of a specific contingency

both 1 and 2

None

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Explanation:

An escalation clause is a clause in a contract that guarantees a change in the agreement price once a particular factor beyond control of either party affecting the value has been determined. Because of increase in prices, it has become comman to insert an escalation clause in the contract