Unit price, unless of course you wouldn't use a larger amount in a reasonable time. But there are sometimes surprises. For instance, the store where I shop has two sizes of Cheerios. Prices change frequently, and the small box is usually (but not always!) cheaper than the large box. However, at least 75% of the time, the small box is less per ounce than the large one. Last night I bought some vanilla extract, and the same thing was true: the small bottle was less per ounce than the large one.