unit cost

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English

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Noun

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unit cost (plural unit costs)

  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.)
    Hyponym: marginal cost
    Coordinate term: unit price

Translations

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