Asked by Cherry Roberts on Mar 10, 2024
Verified
Which is a better buy, a four ounce package of cookies for $1.68 or a six ounce package of cookies for $2.38?
A) The four ounce package is a better buy.
B) The six ounce package is a better buy.
Better Buy
A comparative evaluation of products or deals to determine which offers the best value for money.
Ounce
A unit of weight equal to one sixteenth of a pound or approximately 28.35 grams in the Imperial system.
- Evaluate markup, markdown, discount, and unit pricing calculations in the field of financial literacy.
Verified Answer
PK
Paige Kruse
Mar 10, 2024
Final Answer :
B
Explanation :
To determine which package is a better buy, we need to find the cost per ounce.
For the four ounce package, the cost per ounce is 1.68/4 = 0.42.
For the six ounce package, the cost per ounce is 2.38/6 = 0.40.
Therefore, the six ounce package is the better buy as it has a lower cost per ounce.
For the four ounce package, the cost per ounce is 1.68/4 = 0.42.
For the six ounce package, the cost per ounce is 2.38/6 = 0.40.
Therefore, the six ounce package is the better buy as it has a lower cost per ounce.
Learning Objectives
- Evaluate markup, markdown, discount, and unit pricing calculations in the field of financial literacy.