Unit price
id:
unit-price-301-3167285
title:
Unit price
text:
A product's average price is the result of dividing the product's total sales revenue by the total units sold. When one product is sold in variants, such as bottle sizes, managers must define "comparable" units. Average prices can be calculated by weighting different unit selling prices by the percentage of unit sales (mix) for each product variant. If we use a standard, rather than an actual mix of sizes and product varieties, the result is price per statistical unit. Statistical units are also
brand slug:
wiki
category slug:
encyclopedia
description:
Average price of a product
original url:
https://en.wikipedia.org/wiki/Unit_price
date created:
date modified:
2024-03-22T10:50:35Z
main entity:
{"identifier":"Q7887147","url":"https://www.wikidata.org/entity/Q7887147"}
image:
fields total:
13
integrity:
14