The Price of a Single Item Within a Group of Items is Known As the ______________ of the Item.

The price of a single item within a group of items is known as the unit price of the item.

The unit price refers to the cost of one individual item within a group or batch of items. It is commonly used in retail, wholesale, and economics to determine the price of a single unit when items are sold in bulk or packages.

For example:

• If a 12-pack of soda costs $6, the unit price of one soda can is $6 ÷ 12 = $0.50 per can.
• If a grocery store sells apples at $2 per pound, then the unit price is $2 per pound.

Knowing the unit price helps consumers compare prices and make cost-effective purchasing decisions.