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Find the unit rate: 423 miles to 18 gallons of gas.

23.5 mpg

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Find the unit rate: 406 miles to 14.5 gallons of gas.

28 mpg

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Find unit price

Sometimes we buy common household items ‘in bulk’, where several items are packaged together and sold for one price. To compare the prices of different sized packages, we need to find the unit price. To find the unit price, divide the total price by the number of items. A unit price    is a unit rate for one item.

Unit price

A unit price    is a unit rate that gives the price of one item.

The grocery store charges $3.99 for a case of 24 bottles of water. What is the unit price?

Solution

What are we asked to find? We are asked to find the unit price, which is the price per bottle.

Write as a rate. $3.99 24 bottles
Divide to find the unit price. $0.16625 1 bottle
Round the result to the nearest penny. $0.17 1 bottle

The unit price is approximately $0.17 per bottle. Each bottle costs about $0.17 .

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Find the unit price. Round your answer to the nearest cent if necessary.

24-pack of juice boxes for $6.99

$0.29/box

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Find the unit price. Round your answer to the nearest cent if necessary.

24-pack of bottles of ice tea for $12.72

$0.53/bottle

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Unit prices are very useful if you comparison shop. The better buy is the item with the lower unit price. Most grocery stores list the unit price of each item on the shelves.

Paul is shopping for laundry detergent. At the grocery store, the liquid detergent is priced at $14.99 for 64 loads of laundry and the same brand of powder detergent is priced at $15.99 for 80 loads.

Which is the better buy, the liquid or the powder detergent?

Solution

To compare the prices, we first find the unit price for each type of detergent.

Liquid Powder
Write as a rate. $14.99 64 loads $15.99 80 loads
Find the unit price. $0.234… 1 load $0.199… 1 load
Round to the nearest cent. $0.23/load (23 cents per load.) $0.20/load (20 cents per load)

Now we compare the unit prices. The unit price of the liquid detergent is about $0.23 per load and the unit price of the powder detergent is about $0.20 per load. The powder is the better buy.

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Find each unit price and then determine the better buy. Round to the nearest cent if necessary.

Brand A Storage Bags, $4.59 for 40 count, or Brand B Storage Bags, $3.99 for 30 count

Brand A costs $0.12 per bag. Brand B costs $0.13 per bag. Brand A is the better buy.

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Find each unit price and then determine the better buy. Round to the nearest cent if necessary.

Brand C Chicken Noodle Soup, $1.89 for 26 ounces, or Brand D Chicken Noodle Soup, $0.95 for 10.75 ounces

Brand C costs $0.07 per ounce. Brand D costs $0.09 per ounce. Brand C is the better buy.

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Notice in [link] that we rounded the unit price to the nearest cent. Sometimes we may need to carry the division to one more place to see the difference between the unit prices.

Translate phrases to expressions with fractions

Have you noticed that the examples in this section used the comparison words ratio of, to, per, in, for, on , and from ? When you translate phrases that include these words, you should think either ratio or rate. If the units measure the same quantity (length, time, etc.), you have a ratio. If the units are different, you have a rate. In both cases, you write a fraction.

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
hi guys good evening to all
Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
yes,thank you
Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, Prealgebra. OpenStax CNX. Jul 15, 2016 Download for free at http://legacy.cnx.org/content/col11756/1.9
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