unit rate
a rate that is simplified so that it has a denominator of 1
A unit rate is a ratio that compares the cost or price of a single unit of a given item to its quantity, such as cost per ounce, price per liter or speed per hour. A unit rate is commonly used in mathematics and economics to understand the value or cost of goods and services on a per-unit basis. For example, if a gallon of milk costs $3.50, the unit rate would be $3.50 per gallon. This allows individuals to compare the cost of goods and services across different units and quantities, making it easier to make informed decisions about purchases and investments. Understanding unit rates is important in everyday life, as it enables people to make accurate budgeting decisions and to understand the true cost of items they buy or use regularly.
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