For your new candle-making business, you need to purchase a large amount of a unique scented wax. You plan to charge $9.95 per large candle. The wax you need is availbale form a U.S. supplier for $25.80/lb and also from a German supplier for €12.62/kg. The current exchange rate is $1 = €0.76, and 1 kg = 2.20 lb. What is the price of the wax from the U.S. supplier in €/kg? price: € /kg What is the price of the wax from the German supplier in $/lb? price: $ ЛЬ

Chemistry: Principles and Reactions
8th Edition
ISBN:9781305079373
Author:William L. Masterton, Cecile N. Hurley
Publisher:William L. Masterton, Cecile N. Hurley
Chapter1: Matter And Measurements
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Problem 38QAP: A gasoline station in Manila, Philippines, charges 38.46 pesos per liter of unleaded gasoline at a...
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For your new candle-making business, you need to purchase a large amount of a unique scented wax. You plan to charge $9.95
per large candle. The wax you need is availbale form a U.S. supplier for $25.80/lb and also from a German supplier for
€12.62/kg. The current exchange rate is $1
€0.76, and 1 kg = 2.20 lb.
What is the price of the wax from the U.S. supplier in €/kg?
price: €
/kg
What is the price of the wax from the German supplier in $/lb?
price: $
/lb
Transcribed Image Text:For your new candle-making business, you need to purchase a large amount of a unique scented wax. You plan to charge $9.95 per large candle. The wax you need is availbale form a U.S. supplier for $25.80/lb and also from a German supplier for €12.62/kg. The current exchange rate is $1 €0.76, and 1 kg = 2.20 lb. What is the price of the wax from the U.S. supplier in €/kg? price: € /kg What is the price of the wax from the German supplier in $/lb? price: $ /lb
Which supplier is giving the better price?
U.S. supplier
German supplier
Transcribed Image Text:Which supplier is giving the better price? U.S. supplier German supplier
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