Final answer:
The cost of each pound of walnuts is $6, and the cost of each cup of chocolate chips is $3.
Step-by-step explanation:
To find the cost of each pound of walnuts and each cup of chocolate chips, we can set up a system of equations using the information provided.
Let's assign variables to the cost of each pound of walnuts and each cup of chocolate chips. Let x represent the cost of 1 pound of walnuts, and let y represent the cost of 1 cup of chocolate chips.
We can now set up two equations:
From the first equation, we can solve for y in terms of x:
From the second equation, we can substitute the value of y into the equation:
Simplifying the equation, we get:
Therefore, the cost of each pound of walnuts is $6, and the cost of each cup of chocolate chips is $3. So, option c is correct.