If carrots have an AP price of $.50/pound and an EP yield of .80, the EP price/pound will be _____________.

Name: If carrots have an AP price of $.50/pound and an EP yield of .80, the EP price/pound will be _____________.
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Question

Quizplus · Accepted Answer

EP price/pound = (AP price/pound) x EP yield
EP price/pound = $.50 x .80 = $.40/pound
Therefore, the EP price/pound of carrots would be $.40/pound, which is option B. This is the price the farmer would receive for each pound of carrots sold.

If Carrots Have an AP Price of