A price standard is the price that should be paid per output unit for the input.A price standard is the price that should be paid for a specific quantity of input,not per output unit.

Name: A price standard is the price that should be paid per output unit for the input.A price standard is the price that should be paid for a specific quantity of input,not per output unit.
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Quizplus · Accepted Answer

A price standard is the price that should be paid per output unit for the input. It is not for a specific quantity of input.

A Price Standard Is the Price That Should Be Paid