Question content area top

Part 1
A grocery store sells four different jars of peanut butter. Determine which is the best​ buy, based on the cost per unit.
12 ounces for ​$1.48 24 ounces for ​$2.69
26 ounces for ​$2.81 40 ounces for ​$3.76

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
1 hour ago

To determine which jar of peanut butter is the best buy, we need to calculate the cost per ounce for each jar.

  1. 12 ounces for $1.48
    Cost per ounce = \( \frac{1.48}{12} \approx 0.1233 \) dollars per ounce

  2. 24 ounces for $2.69
    Cost per ounce = \( \frac{2.69}{24} \approx 0.1129 \) dollars per ounce

  3. 26 ounces for $2.81
    Cost per ounce = \( \frac{2.81}{26} \approx 0.1085 \) dollars per ounce

  4. 40 ounces for $3.76
    Cost per ounce = \( \frac{3.76}{40} = 0.094 \) dollars per ounce

Now, we summarize the cost per ounce for each option:

  • 12 ounces: $0.1233 per ounce
  • 24 ounces: $0.1129 per ounce
  • 26 ounces: $0.1085 per ounce
  • 40 ounces: $0.094 per ounce

The best buy is the jar with the lowest cost per ounce. Therefore, the 40-ounce jar at $3.76, with a cost of $0.094 per ounce, is the best buy.