unit of goods

USAGE SUMMARY

"unit of goods" is correct and usable in written English.
You can use it to refer to a single item, or a group of similar items, that are being sold or exchanged. For example, "The store sold the unit of goods at a discounted price".

✓ Grammatically correct

Science

News & Media

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

6 human-written examples

That means workers can be paid more without requiring inflationary increases in the cost of each unit of goods sold.

The New York Times

In the last few years, the economy has been using a bit less energy per unit of goods and services, but in the future, the carbon content per unit of energy is likely to rise.

The New York Times

If the prices of a country's exports rise relative to the prices of its imports, one says that its terms of trade have moved in a favourable direction, because, in effect, it now receives more imports for each unit of goods exported.

Encyclopedia Britannica

The measurement unit of goods in each carton is 48 pieces.

Journal of Industrial Engineering International

In addition, the investors should take price-induced energy-saving innovation and technology advancement in reducing the carbon content in each unit of goods production to reduce the cost of the carbon price.

Petroleum Science

No shipper of goods will opt for a "greener" solution if associated with higher expenses per unit of goods shipped: environmentally friendly solutions are considered appealing only if there is an economic benefit to be had.

Journal of Shipping and Trade

Human-verified similar examples from authoritative sources

Similar Expressions

54 human-written examples

In a simplified example involving two countries and two goods, if country A must give up three units of good x for every unit of good y produced, and country B must give up only two units of good x for every unit of good y, both countries would benefit if country B specialized in the production of y and country A specialized in the production of x.

Britannica

Absolute advantage labour required to produce a unit of good A labour required to produce a unit of good B country 1   2 8 country 2 10 5 Country 1 has an absolute advantage in producing good A, because country 1 requires only 2 units of labour to produce a unit of good A while country 2 requires 10.

Encyclopedia Britannica

Denote as (q_{jc}) an amount of attribute c embodied in one unit of good j.

Journal of Economic Structures

Each consumer, indexed by (xin [0,1] ), chooses either one unit of good or zero.

SERIEs

Meanwhile, (( q_{j1},ldots,q_{jC} ) ) is a vector of tangible characteristics embodied in one unit of good j.

Journal of Economic Structures

Expert writing Tips

Best practice

When discussing trade or economics, use "unit of goods" to refer to a standardized quantity for clear comparison and analysis. For instance, "The cost per "unit of goods" decreased due to improved manufacturing processes."

Common error

Avoid using "unit of goods" interchangeably with "cost of goods". The former refers to a single item or standardized quantity, while the latter refers to the total expenses involved in producing or acquiring those goods.

Linguistic Context

The phrase "unit of goods" functions primarily as a noun phrase. It acts as a subject or object within sentences, referring to a standardized quantity or single item of a product. As Ludwig AI explains, it's usable in written English to describe items being sold or exchanged.

Expression frequency: Uncommon

Frequent in

Science

33%

News & Media

33%

Encyclopedias

17%

Less common in

Wiki

8%

Formal & Business

8%

Reference

0%

Ludwig's WRAP-UP

The phrase "unit of goods" is a grammatically correct noun phrase used to refer to a standardized quantity or single item of a product, as confirmed by Ludwig AI. It's frequently employed in contexts such as science, news, and encyclopedias, suggesting a broad applicability. While its usage isn't extremely common, understanding its meaning is crucial for comprehending discussions related to trade, economics, and production. Remember to differentiate it from "cost of goods" to avoid confusion. Related terms include "item of merchandise" and "quantity of products". Using "unit of goods" effectively ensures clarity in professional and academic communication.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

item of merchandise

Replaces "unit" with "item" and "goods" with "merchandise", emphasizing a single product for sale.

quantity of products

Focuses on the amount of products, rather than a single unit.

batch of commodities

Highlights a group of raw materials or primary agricultural products.

consignment of items

Refers to a shipment of goods sent to a dealer or retailer.

measure of output

Emphasizes the production aspect, referring to the amount produced.

portion of wares

Uses more archaic terms, "wares" and "portion", to refer to a collection of goods.

standard pack of items

Describes items packaged in a standardized way.

lot of articles

Refers to a group of various items.

piece of inventory

Highlights a single item held in stock.

element of supply

Focuses on the supply chain aspect, referring to a component of the overall supply.

FAQs

How can I use "unit of goods" in a sentence?

You can use "unit of goods" to refer to a standardized quantity when discussing trade, production, or economics. For example, "The company aimed to reduce the environmental impact per "unit of goods" produced."

What is a good alternative to "unit of goods"?

Depending on the context, you could use alternatives like "item of merchandise", "quantity of products", or "measure of output".

What does "unit of goods" refer to in economics?

In economics, "unit of goods" typically refers to a standardized quantity of a product or commodity used for economic analysis, comparison, or trade. It allows for easy assessment of costs, productivity, and trade balances.

How does the cost per "unit of goods" impact business decisions?

The cost per "unit of goods" is a critical factor in pricing, profitability analysis, and overall business strategy. Reducing this cost can improve competitiveness and increase profit margins, so companies will often strive to lower it.