Determined price at which company expects to pay for every single unit is called

A. standard price

B. input price

C. actual input

D. output price

Answer: Option A

Solution(By Examveda Team)

Determined price at which company expects to pay for every single unit is called standard price. Standard price is the pre-established uniform price for a good or service, based on its historical price, replacement cost, or an analysis of its competitive position in the market.