Variable cost per unit
What Variable cost per unit means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Variable cost per unit
Check what you remember
Read the wording for your board, then hide it and explain Variable cost per unit in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The cost, such as raw materials and direct labour, of producing one unit, which is subtracted from the selling price per unit.
Topics that use Variable cost per unit
- The relationship between revenue and costs (Pearson Edexcel A-Level)
Related terms
- Break-even analysis
- Break-even output
- Break-even point
- Business viability
- Contribution per unit
- Economies of scale
- Financial risk
- Fixed costs
Using Variable cost per unit in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Economics B questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
A week of Premium from your first lesson · Then the free plan continues · No card, no charge