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Term: unit price
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unit price!
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unit price
Comprehensive Analysis
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1) "Unit" -- As to unit price 1unit Pronunciation: 'yü-n&t Function: noun Etymology: back-formation from unity 1 a : the first and least natural number : ONE b : a single quantity regarded as a whole in calculation 2 : a determinate quantity (as of length, time, heat, or value) adopted as a standard of measurement: as a : an amount of work used in education in calculating student credits b : an amount of a biologically active agent (as a drug or antigen) required to produce a specific result -- compare INTERNATIONAL UNIT 3 a : a single thing, person, or group that is a constituent of a whole b : a part of a military establishment that has a prescribed organization (as of personnel and materiel) c : a piece or complex of apparatus serving to perform one particular function d : a part of a school course focusing on a central theme e : a local congregation of Jehovah's Witnesses f : a small molecule especially when combined in a larger molecule <repeating units of a polymer> g : an area in a medical facility and especially a hospital that is specially staffed and equipped to provide a particular type of care <an intensive care unit> Pronunciation Symbols The word unit means any of several things: - Units of measurement, a fundamental quantity of measurement
- units, a command-line computer program that does unit conversion
- Units of energy, the units for energy measurements
- Units conversion by factor-label, a widely used approach for performing unit conversions
- Functional unit, a component of a computer system such as the CPU
- Unit of action, a discrete piece of action (or beat) in a theatrical presentation
- Multiple unit, a passenger train whose carriages have their own motors
- United Nations Intelligence Taskforce, a fictional entity in the Doctor Who television series
- Unit (album), an indie pop album by the Australian band Regurgitator
- Unit of alcohol, 10 millilitres of pure ethanol in the UK
- In biochemistry, unit is the measure of enzyme activity.
- In a 19-inch rack a rack unit is a standard height of 1.75 inches
- Military units, including:
- Unit 101, an Israeli special operations unit
- Unit 731, a covert medical experiment unit of the Imperial Japanese Army, which researched biological warfare through human experimentation during the Second Sino-Japanese War (1937-1945) and World War II
- G-Unit, a hip-hop music group
- The Unit, a television series
- A Strategic business unit
In mathematics: - Unit vector, a vector with length 1
- Unit circle, the circle with radius 1 centered at the origin
- Unit interval, the interval of all real numbers between 0 and 1
- Imaginary unit, i, whose square is -1
- Root of unity, a complex number, a power of which is 1
- Unit (ring theory), an element that is invertible with respect to ring multiplication
- Unit type, a type that allows only one value
- In category theory, there is a natura..."
2) "Price" -- As to unit price 1price Pronunciation: 'prIs Function: noun Etymology: Middle English pris, from Anglo-French, from Latin pretium price, money; probably akin to Sanskrit prati- against, in return -- more at PROS- 1 archaic : VALUE, WORTH 2 a : the quantity of one thing that is exchanged or demanded in barter or sale for another b : the amount of money given or set as consideration for the sale of a specified thing 3 : the terms for the sake of which something is done or undertaken: as a : an amount sufficient to bribe one <believed every man had his price> b : a reward for the apprehension or death of a person <an outlaw with a price on his head> 4 : the cost at which something is obtained <the price of freedom is restraint -- J. Irwin Miller> Pronunciation Symbols - For people whose family name is Price see Price (disambiguation).
In economics and business, the price is the assigned numerical monetary value of a good, service or asset. The concept of price is central to microeconomics where it is one of the most important variables in resource allocation theory (also called price theory). Price is also central to marketing where it is one of the four variables in the marketing mix that business people use to develop a marketing plan. - 1 Conventional definition
- 2 Relative and nominal price
- 3 Marxian price theory
- 4 Austrian theory
- 5 See also
- 6 External links
- 7 References
| In ordinary usage, price is the quantity of payment or compensation for something. People may say about a criminal that he has 'paid the price to society' to imply that he has paid a penalty or compensation. They may say that somebody paid for his folly to imply that he suffered the consequence. Economists view price as an exchange ratio between goods that pay for each other. In case of barter between two goods whose quantities are x and y, the price of x is the ratio y/x, while the price of y is the ratio x/y. This however has not been used consistently, so that old confusion regarding value frequently reappears. The value of something is a quantity counted in common units of value called numeraire, which may even be an imaginary good. This is done to compare different goods. The unit of value is frequently confused with price, because market value is calculated as the quantity of some good multiplied by its nominal price. Theory of price asserts that the market price reflects interaction between ..."
Further Data On Term for unit price
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Regularly Occuring Typos with unit price include: nuit uint unti nit uit unt uni ynit jnit init anit enit onit ubit uhit ujit umit unut unkt unot unat unet unut unir unif unig uniy rpice pirce prcie priec rice pice prce prie pric orice peice pdice pfice ptice pruce prkce proce prace prece pruce prixe pride prife prive prike pricw prics pricd pricr prica prici prico pricu
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