Question

A 10 ounce bottle of soap costs $2.00. You can buy a 20 ounce bottle for $5.00. What is TRUE about your soap purchasing options?

a) it’s always better to purchase a product that offers more ounces.
b) both bottles cost the same price when you compare the price per ounce.
c) it is better to buy the 20-ounce bottle as the price per ounce is cheaper.
d) it is better to but the 10-ounce bottle because the price per ounce is cheaper.

Answer 1

Answer: It is better to buy the 10-ounce bottle because the price per ounce is cheaper.

Answer 2

The TRUTH about the soap purchasing options is:

d) it is better to but the 10-ounce bottle because the price per ounce is cheaper.

Step-by-step explanation:

a) Data and Calculations:

Cost of 10 ounce bottle of soap = $2.00

The per ounce cost of the 10-ounce bottle of soap = $0.20 ($2/10)

Cost of 20 ounce bottle of soap = $5.00

The per ounce cost of the 20-ounce bottle of soap = $0.25 ($5/20)

Therefore, the 10 ounce bottle of soap is cheaper and better.

b) It is more cost-effective to buy the 10 ounce bottle of soap. With $4.00, one can buy 2 of 10 ounce bottle of soap unlike $5.00 spent for 20 ounce bottle.