Assume that we are competing different sizes of same brand

Question

asked Apr 1, 2023 106k views

1 Answer

Christian Lundahl · Answer 1 · 2023-04-06T19:16:23+0000

Explanation:

First, we find the unit price of a frozen orange juice which costs $1.63 for 14 ounces.

$Unit\text{ Price}=(1.63)/(14)=\$0.116\text{ per ounce}$

Next, we find the unit price of a frozen orange juice which costs $0.63 for 4 ounces.

$Un\imaginaryI t\text{ Pr}\imaginaryI\text{ce}=(0.63)/(4)=\operatorname{\$}0.158\text{ per ounce}$

The better buy is $1.63 for 14 ounces since it has a lower unit price. Option A is correct.

Answer:

• (a)$0.116 per ounce

,

• (b)$0.158 per ounce

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• (c) A. $1.63 for 14 ounce