Examlex
A toothbrush that costs ten cents to manufacture may cost a consumer $3.00 to buy. According to critics, this is an example of ________.
Unit Variable Cost
The cost associated with producing one additional unit of a product, including materials, labor, and other variable expenses.
Sales Volume
Sales volume refers to the number of units of a product sold over a specific period, serving as a measure of business activity and market demand for the product.
Unit Price
The cost of a single item or unit of measure for goods or services, facilitating comparison of costs among similar items.
Fixed Costs
Costs that do not change with the level of production or sales activity, such as rent or salaries.
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