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Lesson 1: Unit Pricing and Comparison Shopping

About 30 minutes — Activity-based lesson

What You Will Learn

This lesson covers:

What is unit pricing: cost per ounce, per item, per serving

This section covers the key ideas about what is unit pricing: cost per ounce, per item, per serving. Discuss with your group or family and explore the concepts together.

Why bigger is not always cheaper

This section covers the key ideas about why bigger is not always cheaper. Discuss with your group or family and explore the concepts together.

How to calculate unit price

This section covers the key ideas about how to calculate unit price. Discuss with your group or family and explore the concepts together.

Real-world comparison shopping examples

This section covers the key ideas about real-world comparison shopping examples. Discuss with your group or family and explore the concepts together.

Check Your Understanding

1. What is unit pricing?

Answer: Unit pricing tells you the cost per unit (per ounce, per item, per serving). It lets you compare products fairly, even when packages are different sizes.

2. Why is unit pricing more useful than sticker price?

Answer: Because a $5 box of cereal might actually be cheaper per ounce than a $3 box if it contains more. Unit pricing reveals the real comparison.

3. How do you calculate unit price?

Answer: Divide the total price by the number of units. Example: $4.50 for 15 oz = $0.30 per ounce. Compare that to $3.00 for 8 oz = $0.375 per ounce.

4. Is the cheapest unit price always the best choice?

Answer: Not always. Consider quality, how much you actually need, expiration dates, and whether a bulk purchase will go to waste.

Key Takeaways

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Continue to Lesson 2: Price vs. Value

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