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Svetllana [295]
3 years ago
13

What makes a unit rate a unit cost?

Mathematics
1 answer:
Eddi Din [679]3 years ago
3 0

First, we'll need to find the definition for "unit cost" and "unit rate"

What is a unit rate?

Rates are usually expressed as a quantity of 1 such as 2 feet per second or 5 miles per hour


The words: miles per hour or feet per hour is a unit rate.

What is a unit cost?

Unit costs are used as a measure of a company's cost to build one unit of a product. This includes fixed costs and variable costs.


In conclusion.

Unit rates and unit costs are almost the same thing. But, they're sometimes used in different ways.

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