Per-unit production cost is
A) real output divided by inputs.
B) total input cost divided by units of output.
C) units of output divided by total input cost.
D) a determinant of aggregate demand.

Question

Quizplus · Accepted Answer

Per-unit production cost is calculated by dividing the total input cost by the units of output. This cost includes all the expenses incurred in the production process, from raw materials to labor costs. It is an essential factor in determining the price of goods and the competitiveness of a business in the market.

Per-Unit Production Cost Is