To convert the rate of 960 ounces per hour to pounds per minute, you can follow these steps:
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Convert ounces to pounds: There are 16 ounces in a pound. \[ 960 \text{ ounces} = \frac{960}{16} \text{ pounds} = 60 \text{ pounds} \]
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Convert hours to minutes: There are 60 minutes in an hour. \[ 1 \text{ hour} = 60 \text{ minutes} \]
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Calculate the equivalent rate in pounds per minute: \[ 960 \text{ ounces/hour} = 60 \text{ pounds/hour} = \frac{60 \text{ pounds}}{60 \text{ minutes}} = 1 \text{ pound/minute} \]
So, the equivalent rate is: \[ \boxed{1 \text{ pound per minute}} \]