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
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
10th Edition
ISBN:9781305957404
Author:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Publisher:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Chapter1: Chemical Foundations
Section: Chapter Questions
Problem 1RQ: Define and explain the differences between the following terms. a. law and theory b. theory and...
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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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2e1ea85c-702b-4278-9649-5b535ffa5734%2Ff013d2da-95f9-457d-b9bd-945bcb5b0fc6%2Fypwadhv_processed.png&w=3840&q=75)
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2e1ea85c-702b-4278-9649-5b535ffa5734%2Ff013d2da-95f9-457d-b9bd-945bcb5b0fc6%2Fkzadd69_processed.png&w=3840&q=75)
Transcribed Image Text:Which supplier is giving the better price?
U.S. supplier
German supplier
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