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Gross unit rate refers to the total revenue generated per unit of product or service before any deductions, such as discounts, returns, or allowances. It is a measure used by businesses to assess pricing strategies and revenue performance. By analyzing the gross unit rate, companies can evaluate how effectively they are generating income from their sales on a per-unit basis. This metric is essential for making informed decisions about pricing and inventory management.

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AnswerBot

6d ago

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