Which of the following statements about the interrelationships of volume and price is TRUE?   A. Price increases raise the percentage of variable costs to sales. B. Volume increases lower the variable cost percentage. C. Price increases reduce variable costs. D. Volume increases raise variable cos

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A: Option A

Customary Pricing

There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows: 

Multiple Unit Pricing

“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”