Noun
unit price (plural unit prices)
(business, marketing) The price of a standard amount of a good, as of weight or volume.
A weighted price is calculated by multiplying the unit price of an item by the number of that item the average consumer purchases. Source: Internet
The licensee may pay an initial flat fee to license your brand, and ongoing royalties (usually a set percentage of unit price or specific dollar amount) for each licensed product sold. Source: Internet
The planning board's job is to minimize the total cost of procuring the set amounts of inputs while providing the farmer with a floor on the unit price of each of his crops (outputs), S 1 for wheat and S 2 for barley. Source: Internet
Under a flexi system the bettor can nominate their desired total wager, and their percentage of payout is determined by this wager's relationship to the full unit price. Source: Internet
Candidates are guaranteed the lowest unit price beginning 60 days before the election, so it makes sense for them to wait to begin booking ad time, especially if there are other groups advertising on their behalf. Source: Internet
Prof Gilmore said he was ‘very encouraged” when David Cameron as Prime Minister made a personal commitment to the value of bringing in a minimum unit price for alcohol. Source: Internet