Economics B A-Level
Profit per unit
What Profit per unit means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Profit per unit
Check what you remember
Read the wording for your board, then hide it and explain Profit per unit in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Found by subtracting average cost from average revenue, and multiplied by the quantity to give total profit.
Topics that use Profit per unit
- Business objectives and pricing decisions (Pearson Edexcel A-Level)
Related terms
- Average cost
- Contribution per unit
- Marginal cost
- Marginal revenue
- Profit
- Average revenue
- Profit-maximising level of output
Using Profit per unit in the exam
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