<p><span><span><span><span><span><span><span><span><strong><span><span><span>Cost per unit: </span></span></span></strong></span></span><span><span><span><span><span><span>The production cost for each unit. Equal to total cost of production divided by the quantity of units produced.</span></span></span></span></span></span></span></span></span></span></span></span></p>
