The meaning of UNIT PRICE is a price quoted in terms of so much per agreed or standard unit of product or service; often : an inclusive price quoted to cover all incidentals (as transportation or installation) as well as the basic unit of product or serv
the unit price of a wedding. Discover More Word History and Origins Origin ofunit price1 First recorded in1965–70 Discover More Example Sentences The superstructure was built by Lindstrom and Fiegeson on a unit price basis. FromProject Gutenberg ...
The meaning of UNIT PRICING is the pricing of products (such as packaged foods) whereby the unit price is indicated along with the total price.
In exchanges between a buyer and a seller, both try to get the best price. Only the final agreed-upon amount is objective enough to be recorded in the accounting records. (3分) (b) The unit of measure concept requires that economic data be recorded in dollars. Money is a common unit ...
to put (a price or value) upon something: He set $7500 as the right amount for the car. The teacher sets a high value on neatness. to fix the value of at a certain amount or rate; value: He set the car at $500. She sets neatness at a high value. ...
The purpose of analyzing marginal cost is to determine at what point an organization can achieveeconomies of scaleto optimize production and overall operations. If the marginal cost of producing one additional unit is lower than the per-unit price, the producer has the potential to gain a profit...
Purchasing Power of a Currency Indexation can also maintain a stable real price of a good or service relative to the purchasing power of a currency unit. A price or asset value is linked to the price level of a basket of goods, which is usually set equal to 100. Price indexes are commo...
Logistics refers to the process of storing, coordinating, and moving resources to a destination as needed. Here’s what logistics means and how businesses use it.
.1But he clearly found that engaging with him in philosophical discussion could be a frustrating enterprise. Austin would adopt a stance on some particular aspect of language, often formed on the basis of a very small number of examples, and defend his position against a barrage of objections ...
Unit Price Contract – Meaning, Factors, Advantages, and Disadvantages Types of Costing Estimation of Project Cost Cost Object – Meaning, Advantages, Types and More Budgeting in Project Management Cost Accumulation: Meaning, Types, and More