Which of the Following Is the MOST Important for Product

question 51

Multiple Choice

Which of the following is the MOST important for product designers to consider as they develop a product?

• A)which product features can be added to create higher-level models
• B)how the product appears
• C)the product's technical specifications
• D)how customers will use and benefit from the product
• E)how the product is packaged to attract spontaneous purchases

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Definitions:

Unit Variable Cost

The cost associated with producing one additional unit of a product, including labor and material but excluding fixed costs.

Unit Selling Price

The price at which an individual unit of product is sold to customers.

Percentage

A way of expressing a number as a fraction of 100, denoted using the symbol "%".

Unit Variable Cost

The cost attributed to each unit produced, varying with the level of output.