A store carries two different sizes of a certain brand of potato chips. bag 1 contains 8 ounces and costs $3.49. bag 2 contains 12 ounces, and costs $4.59. which bag has the lowest price per volume
The price per volume will be given by the following equation: P = (cost) / (volume of the bag) For bag 1: P1 = (cost) / (volume of the bag) P1 = (3.49) / (8) = 0.43625 $ For bag 2: P2 = (4.59) / (12) = 0.3825 $ We know that P1> P2 Answer: bag 2 has the lowest price per volume 0.3825 $