Per unit production cost is:
A)real output divided by inputs.
B)total input cost divided by total 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 the total cost of producing a certain quantity of goods or services divided by the total output of that same quantity, which gives us the cost incurred for each unit produced. Therefore, it is calculated by dividing the total input cost by the total output.

Per Unit Production Cost Is