Unit price refers to the cost of an item based on its unit of measure, such as price per pound. For example, if 1 pound of peanuts costs $1 total, then the unit price is $1 per pound. The document then provides an example of calculating unit price: if 2 pounds of bananas cost a total of $3, and the unit is pounds, then the unit price is $3/2 pounds = $1.50 per pound. Finally, it thanks some websites for images used.