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To find the unit price for one Paper Mate Flair Pen when 24 pens cost $18.60, you divide the total cost by the number of pens.
\[
\text{Unit Price} = \frac{\text{Total Cost}}{\text{Number of Pens}} = \frac{18.60}{24}
\]
Calculating that:
\[
\text{Unit Price} = 0.775
\]
Rounding to two decimal places gives $0.78.
So, the unit price for one Paper Mate Flair Pen is **$0.78**.