Using Virtuemart 1.1.7
When child product has no price it shows parent product price, is this how it is intended or should it show 'Call for Pricing'
(http://www.protechsystems.us/stuff/joomla/vm/vm-product_child_price.png)
This is intended. It stands to reason that a child product should inherit the price from its parent if not assigned. This way you don't have to always create prices for children products if only some of them changes.
OK, understood.