Unit Volume as a Pricing Objective Refers to

question 230

Multiple Choice

Unit volume as a pricing objective refers to

• A) the quantity of products to be produced or sold.
• B) the ratio of price per unit to unit variable cost.
• C) the ratio of production costs to the minimum sales price that would still generate profit.
• D) the total quantity of product sold by a firm relative to the total quantity of product sold by all firms in the industry.
• E) variable cost expressed on a per unit basis for a product.

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Definitions:

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An event, action, or condition that provokes a response or encourages activity in economic, psychological, or biological contexts.

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