Question: Price standards are based on a.the amount that should be paid per unit of input purchased. b.the amount that should be paid for the total
Price standards are based on
a.the amount that should be paid per unit of input purchased.
b.the amount that should be paid for the total quantity of input to be used.
c.the amount of input that should be used per unit of output.
d.the amount that should be paid per unit of output.
e.None of these choices are correct.
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