You typically buy all of your groceries at Grocery Mart. This week, your favorite cereal is on sale there, 5 boxes for $12. At Food Market, where you don't typically shop, the same cereal is on sale for $3.05 a box. What's the unit price at Grocery Mart? What is the unit price at Food Market? Based on price, which is the better value option?
You typically buy all of your groceries at Grocery Mart. This week, your favorite cereal is on sale there, 5 boxes for $12. At Food Market, where you don't typically shop, the same cereal is on sale for $3.05 a box. What's the unit price at Grocery Mart? What is the unit price at Food Market? Based on price, which is the better value option?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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
Transcribed Image Text:You typically buy all of your groceries at Grocery Mart. This week, your favorite cereal
is on sale there, 5 boxes for $12. At Food Market, where you don't typically shop, the
same cereal is on sale for $3.05 a box. What's the unit price at Grocery Mart? What is
the unit price at Food Market? Based on price, which is the better value option?
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