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The unit price of a 128-ounce jug of milk is 4.8 cents per ounce. A 64-ounce carton of milk has a unit price of 5.1 cents per ounce. Approximately how much money is saved by purchasing a larger jug instead of two cartons?

Respuesta :

You save the amount of  38.4 cents of money by buying a larger jug instead of two cartons.

You save the amount of 38.4 cents of money by buying a larger jug instead of two cartons

we know that

The total cost of a larger jug is

[tex]4.8\times 128=614.4 cents[/tex]

What is the total cost?

The total cost, in economics, is the sum of all costs incurred by a firm in producing a certain level of output.

The total cost of two cartons of the jug is,

[tex]5.8\times 128=652.8 cents[/tex]

   

The difference is equal to,

[tex]652.8-614.4=38.4 cents[/tex]

   

You save the amount of  38.4 cents of money by buying a larger jug instead of two cartons.

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