Which of the following statements would most likely be spoken while determining cost,volume,and profit relationships in the price-setting process?
A)"In order to break even,we will need to sell at least 500,000 units."
B)"We have to try to achieve an 8 percent profit share."
C)"The starting price should be $4.99 and we can raise the price again in six months."
D)"But,if we increase the price even by $1,how many customers will we lose?"
E)"We should probably price the extra-large version somewhere between $600 and $650."

Question

Quizplus · Accepted Answer

During Step 3,determining cost,volume,and profit relationships,a firm would estimate costs,conduct a marginal analysis,and perform a break-even analysis.

Which of the Following Statements Would Most Likely Be Spoken