Unit price

/ˈjunɪt praɪs/ noun

Definition

The cost per single unit of measurement (such as per ounce, per pound, or per item), calculated by dividing the total price by the number of units. This allows for comparison shopping between different package sizes.

Etymology

From Latin 'unus' meaning 'one' and Old French 'pris' meaning 'value' or 'worth'. The concept became important with the development of standardized weights and measures and mass production, allowing consumers to make informed purchasing decisions.

Kelly Says

Unit price is mathematics in action at the grocery store! It's the great equalizer that reveals which package size gives you the best deal, turning every shopping trip into a practical lesson in division and comparison - consumer mathematics at its finest.

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