what's the difference between retail and unit price?

Question

one is always higher then the other....which is the one im paying for???

Answer 1

Let say you sell sugar. You either sell it by the bag or by the pound. If you sell it by the bag for $12.50 that would be an example of a retail price. Now let say you sell it by the pound for $6.50/pound that would be an example of a unit price.

Answer 2

the retail :is the store who is selling the unit in a different prices , he determine the price depending on many factors
but
the unit price:it is meaning how this goods it does it cost
you will find the unit price inside the retail

Answer 3

retail price is what they sell for in stores, when things go to stores they are sold at cost. they store needs to do a markup in order to profit from teh sales.
A unit price is a price per peice, so if you have 3 candles at .75 for all 3 than the unit price for each candle would be .25....

Answer 4

Unit price gives you a way to compare various similar items - it's generally the price per ounce, per quart, or something like that. Retail is the actual price of the item.

Answer 5

I think the merchant is paying the unit price (which is lower)and the suggested retail is what your customer may pay.