find the unit price for each item in the group. which item offers the consumer the most product for his/her…

$find the unit price for each item in the group. which item offers the consumer the most product for his/her money? cereal\n| item | size | $ price | $ price per unit |\n|--|--|--|--| \n| general mills cheerios | 18 ounces | $4.79 | |\n| general mills cheerios | 14 ounces | $3.99 | |\n| store brand toasted oats | 14 ounces | $2.50 | |\nolive oil\n| item | size | $ price | $ price per unit |\n|--|--|--|--| \n| colavita extra virgin olive oil | 17 ounces | $9.99 | |\n| capatriti extra virgin olive oil | 101 ounces | $21.49 | |\n| goya extra virgin olive oil | 8.5 ounces | $4.29 | |\n| fillipo berrio olive oil | 16.9 ounces | $7.39 | |$

find the unit price for each item in the group. which item offers the consumer the most product for his/her money? cereal\n| item | size | $ price | $ price per unit |\n|--|--|--|--| \n| general mills cheerios | 18 ounces | $4.79 | |\n| general mills cheerios | 14 ounces | $3.99 | |\n| store brand toasted oats | 14 ounces | $2.50 | |\nolive oil\n| item | size | $ price | $ price per unit |\n|--|--|--|--| \n| colavita extra virgin olive oil | 17 ounces | $9.99 | |\n| capatriti extra virgin olive oil | 101 ounces | $21.49 | |\n| goya extra virgin olive oil | 8.5 ounces | $4.29 | |\n| fillipo berrio olive oil | 16.9 ounces | $7.39 | |

Answer

Explanation:

Step1: Calculate unit - price of General Mills Cheerios (18 ounces)

Unit price = $\frac{4.79}{18}\approx0.266$ dollars per ounce

Step2: Calculate unit - price of General Mills Cheerios (14 ounces)

Unit price = $\frac{3.99}{14}\approx0.285$ dollars per ounce

Step3: Calculate unit - price of Store Brand Toasted Oats

Unit price = $\frac{2.50}{14}\approx0.179$ dollars per ounce

Step4: Calculate unit - price of Colavita Extra Virgin Olive Oil

Unit price = $\frac{9.99}{17}\approx0.588$ dollars per ounce

Step5: Calculate unit - price of Capatri Extra Virgin Olive Oil

Unit price = $\frac{21.49}{101}\approx0.213$ dollars per ounce

Step6: Calculate unit - price of Goya Extra Virgin Olive Oil

Unit price = $\frac{4.29}{8.5}\approx0.505$ dollars per ounce

Step7: Calculate unit - price of Fillipo Berrio Olive Oil

Unit price = $\frac{7.39}{16.9}\approx0.437$ dollars per ounce

The lower the unit price, the more product the consumer gets for their money. Among cereals, Store Brand Toasted Oats has the lowest unit - price. Among olive oils, Capatri Extra Virgin Olive Oil has the lowest unit - price. Comparing all items, Store Brand Toasted Oats offers the most product for the money as it has the lowest unit price overall.

Answer:

Store Brand Toasted Oats offers the consumer the most product for his/her money.