A type of pricing where a buyer and a seller continue to bargain until an agreement is reached for the price of a product is______

The type of pricing where a buyer and a seller continue to bargain until an agreement is reached for the price of a product is called haggling. Haggling is a negotiation process where both parties try to come to an agreement on a price that is acceptable to both. It is common in markets where prices are not fixed and can be influenced by various factors such as supply and demand, competition, and quality of the product. Haggling can be used in various settings such as buying a car, negotiating a salary, or bargaining for a souvenir in a foreign market. In haggling, the final price is not determined until both parties agree to a mutually acceptable price.