A Store Owner Wants to Mix 30 Pounds of Peanuts

question 246

Multiple Choice

A store owner wants to mix 30 pounds of peanuts that sell for $2 a pound with cashews that sell for $8 a pound to get a mixture of mixed nuts that sells for $3.50 a pound. If x is the number of pounds of cashews, which of the following equations would solve the problem?

• A) 60 + 8 x = 3.50
• B) 30 + 8 x = 3.50(30 + x )
• C) 30 + x = 3.50
• D) 60 + 8 x = 3.50(30 + x )

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Definitions:

Market Penetration

Strategies aimed at increasing the market share of an existing product, or promoting a new product, through aggressive marketing and sales approaches.

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The difference between a company's target performance and its forecasted performance, requiring the development of strategies to bridge or close the gap.

Major Changes

Significant adjustments or transformations in strategy, operations, or processes within a business or industry.

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