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Unit cost

noun

Definitions

Noun
  1. 1
    The cost to acquire a unit of a good or service for a specific quantity that is produced or purchased. (For example, if it costs the baker 1000 pesos to produce a batch of biscuits that weigh 50 kilos, then their unit cost per kilo is 20 pesos.)
  2. 2
    calculated cost for a given unit of a product wordnet

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