Answer: Cereal B
Explanation:
• Cereal A costs $3.20 for a 16 oz. box. The cost per oz will be:
= $3.20/16
= $0.2 per ounce
• Cereal B costs $5.00 for a 32 oz. box. The cost per oz will be:
= $5.00/32
= $0.15625 per ounce
• Cereal C costs $2.50 for a 10 oz. box. The cost per oz will be:
= $2.50/10
= $0.25 pee ounce
• Cereal D costs $4.50 for a 8 oz. box. The cost per oz will be:
= $4.50/8
= $0.5625 pee ounce
Therefore, the box of cereal that has the lowest unit price is box B.
Price is referred to as the cost or the expense that the individual incurs at the consumption of the goods and services. This is the price in terms of the consumer and revenue or profit in terms of the entrepreneur.
The correct answer for the lowest price of the cereal is Cereal B
The brief of the given options in the context of the lowest price of the cereal is:
• Cereal A costs $3.20 for a 16 oz. box. The cost per oz is:
= [tex]\frac{\$3.20}{16}[/tex]
= $0.2 per ounce
• Cereal B costs $5.00 for a 32 oz. box. The cost per oz is:
= [tex]\frac{\$5.00}{32}[/tex]
= $0.15625 per ounce
• Cereal C costs $2.50 for a 10 oz. box. The cost per oz is:
= [tex]\frac{\$2.50}{10}[/tex]
= $0.25 pee ounce
• Cereal D costs $4.50 for an 8 oz. box. The cost per oz is:
= [tex]\frac{\$4.50}{8}[/tex]
= $0.5625 pee ounce
Therefore, the lowest price of the cereal is box B.
To know more about the lowest price of the cereal, refer to the link below:
https://brainly.com/question/3304970
