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Unit cost

The unit cost is the cost incurred by a company to produce, store and sell one unit of a particular product. Unit costs include all fixed costs and all variable costs involved in production. The unit cost is the cost incurred by a company to produce, store and sell one unit of a particular product. Unit costs include all fixed costs and all variable costs involved in production. Cost unit is the standard unit for buying the minimum of any product. Unit cost is the minimum cost for buying any standard unit.

[ "Operations management", "Mechanical engineering", "Microeconomics" ]
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