Provide an Appropriate Response $\$ 3.00$ Per Pound, 2 Pounds of Nuts At

question 102

Multiple Choice

Provide an appropriate response.
-In a health food store, Jenny and Kevin create a trail mix from dried fruit, nuts, and granola. They buy 3 pounds of dried fruit at $\$ 3.00$ per pound, 2 pounds of nuts at $\$ 4.50$ per pound, and 5 pounds of granola at $\$ 5.00$ per pound. Determine the cost per pound of the mix.

• A) \(\$ 4.30\)
• B) \(\$ 3.44\)
• C) \(\$ 4.50\)
• D) \(\$ 4.42\)

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Definitions:

Socially Optimal

A state or outcome that maximizes the overall welfare or benefit to society, often considered in economics and game theory to balance individual and collective interests.

Gasoline

A volatile, flammable liquid derived from petroleum, used primarily as fuel in spark-ignited internal combustion engines.

Negative Externality

A cost that is suffered by a third party due to an economic transaction or activity.

Production

The act of merging diverse physical and non-physical inputs (including blueprints and skills) to produce goods for consumption.