The Price of a Single Piece of a Product Which

question 106

Multiple Choice

The price of a single piece of a product which is equal to the price less the variable cost per unit is called the:

• A)break-even point.
• B)variable costs.
• C)contribution per unit.
• D)demand curve.
• E)fixed costs.

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Definitions:

Creativity

The ability to produce original and unusual ideas, or to make something new or imaginative.

Innovation

The introduction of something new, such as an idea, method, technology, or product, that creates value or makes significant improvements over existing solutions.

Business Mortality

The concept or rate at which businesses fail or cease operations, often used in studies of business lifespan and success factors.

Moderate Success

Achieving some level of achievement or progress that is considered satisfactory but not outstanding.