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Meaning of unit cost | Babel Free

Noun CEFR B2

Definitions

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.)

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

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