We need to find the unit price, which is when x is one. Since the cost varies on the pounds, pounds is the independent variable, x. We do y/x to find the unit price.
8.40÷2=4.20
Since this is the unit price, we could multiply it by the pounds someone wants to buy to find out the price.
4.20×3.5
14.70
So, the price of 3.5 pounds is $14.70.