Better Buy

Front

What is a unit price?

Back

A unit price is the cost per single unit of measure, allowing consumers to compare prices of different quantities or sizes.

Front

How do you calculate the unit price?

Back

To calculate the unit price, divide the total price by the total quantity (e.g., price per ounce, price per dozen).

Front

What is the formula for finding the better deal between two products?

Back

Compare the unit prices of both products; the one with the lower unit price is the better deal.

Front

What does it mean if two products have the same unit price?

Back

If two products have the same unit price, they are considered equal in value based on price per unit.

Front

How can you determine the better deal when comparing services (e.g., babysitting)?

Back

Calculate the hourly rate by dividing the total earnings by the number of hours worked; the higher hourly rate is the better deal.

Front

What is the significance of comparing prices in bulk purchases?

Back

Bulk purchases often have a lower unit price, making them more economical than buying smaller quantities.

Front

Why is it important to consider unit prices when shopping?

Back

Considering unit prices helps consumers make informed decisions and save money by identifying the best value.

Front

What is a common mistake consumers make when comparing prices?

Back

A common mistake is focusing solely on the total price without considering the quantity or unit price.

Front

How can discounts affect the unit price?

Back

Discounts can lower the total price, which may change the unit price, making it necessary to recalculate for accurate comparisons.

Front

What is the relationship between price and quantity in determining value?

Back

Value is determined by the price per unit; lower prices for the same quantity indicate better value.