Amazon Business Pricing Question

I just want to check to make sure if I am understanding business pricing setup correctly or not. When I input lets say a quantity of 3 and the business pricing as $3.49 is that price a total price on the 3 items ($3.49 for all three) or is it the price per item ($3.49 x 3 = $10.47) I just want someone to clarify that for me before I start setting up business pricing on all my items. Thank!