A firm's total product costs per unit will increase steadily as volume production increases Which of the following best explains why this happens Othey face more competition in the marketplace and they need to pay more for materials purchased they have certain production costs that are fixed for a specific number of units produced variable costs rise with each unit produced while fixed costs remain the same their demand curve has shifted upwards variable costs go down with each unit produced whenxed costs remain the same QUESTION 14 A firm's total product costs per unit will decrease steady as volume produced increases Which of the following best explains why this happens variable costs per unit are lower as the volume of production nses they face more competition in the marketplace and they need to reduce their costs they continue to find more and more qualified buyers they have certain production costs that are fixed for a specific number of unes produced Variable costs and fixed costs have an inverse relationship depending on production Click Save and Submit to save and sumt. Click Save All Antenne When setting its price, a company must base its strategy on the following the competitive products the substitute product the product itself O all of the above none of the above QUESTION 16 1 po Which of the following strategies best descobes a seller's attempt to sell below cost with the intention of punishing a competitor or gaining higher long-run profits by putting competitors out of business? price discrimination strategy price fing strategy price reductions-mark.downs predatory pricing strategy deceptive pricing strategy Click Sawe and Submit tone and writ. Click Save all into an allans 0 QUESTION 18 When thinking about selecting a pricing strategy, which of the following is TRUE Captive product pricing only works for products like razor blades because captive products require the ongoing use of supplies (consumables) to the main product Product line pricing reflects a more for less strategy where different bundles of benefits are offered at different price points By-product pricing focuses more on setting prices based on the buyer type Price bundling and product line pricing are the same thing, just different wording Volume pricing requires buyers to pay incrementally more per unit due to economies of scale QUESTION 19