Asked by
brittany strother
on Dec 15, 2024Verified
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.
Unit Volume
The quantity of a particular product sold or produced, measured in units such as pieces, liters, or kilograms, used as an index of product sales.
Pricing Objective
The goals that a company aims to achieve through its pricing strategies, such as maximizing profits, increasing market share, or discouraging competition.
Products Produced
The output or the goods that are manufactured or created as a result of a production process.
- Illuminate how pricing tactics aid in meeting a company’s financial targets, notably in revenue maximization and the optimization of earnings.
Verified Answer
MJ
Learning Objectives
- Illuminate how pricing tactics aid in meeting a company’s financial targets, notably in revenue maximization and the optimization of earnings.