What word has the definition of: a cost per unit
2 answers:
Answer: Unit price
Step-by-step explanation: Unit price means the cost per unit. Unit price is the cost per unit. To find the unit price, simply divide the price by the number of units.
For example, if 3 apples cost $1.00, find the unit price. Round to the nearest cent if necessary.
Remember that the unit price is the cost per unit which in this case is the cost per apple. Since $1.00 is the cost for 3 apples, to find the cost per apple, we divide 3 into 1. When we divide 3 into 1, we end up with .333 or .3 repeating.
Rounding to the nearest cent, that's 33 cents.
So the unit price for apples is 33 cents per apple.
I have also shown my work in the image attached.
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