Solve the Problem. -The Owners of a Candy Store Want to Sell, for to Sell

question 32

Multiple Choice

Solve the problem.
-The owners of a candy store want to sell, for $6 per pound, a mixture of chocolate-covered raisins, which usually sells for $3 per pound, and chocolate-covered macadamia nuts, which usually sells for $8 per pound.
They have a 30-pound barrel of the raisins. How many pounds of the nuts should they mix with the barrel of
Raisins so that they hit their target value of $6 per pound for the mixture?

• A) 39 pounds
• B) 48 pounds
• C) 45 pounds
• D) 42 pounds

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Definitions:

Annual Costs

The total expenses incurred by an individual or organization over the course of a year.

Required Return

The minimum return an investor expects to achieve by investing in a particular asset, considering the risk involved.

Customized Machine

A piece of equipment specifically designed and built to meet the unique requirements of a particular business or manufacturing process.

Operating

Pertains to the ongoing, day-to-day activities involved in running a business or an organization.