In 1993 the government standardized the way in which nutrition information was presented on the labels of most packaged food products. The figure shows a standardized food label from a package of cookies that I ate at lunch the day I was writing the problems for this problem set. Use the information in the figure to answer the following question. If I paid $0.50 for the package of cookies, how much did each cookie cost?
A)$0.75
B)$0.07
C)$0.05
D)$0.02
E)none of these

Question

In 1993 the government standardized the way in which nutrition information was presented on the labels of most packaged food products. The figure shows a standardized food label from a package of cookies that I ate at lunch the day I was writing the problems for this problem set. Use the information in the figure to answer the following question.  If I paid $0.50 for the package of cookies, how much did each cookie cost?
A)$0.75 
B)$0.07 
C)$0.05 
D)$0.02 
E)none of these

Quizplus · Accepted Answer

The package contains 15 cookies and costs $0.50, so each cookie costs $\frac{0.50}{15} = $0.033, which rounds to $0.03. However, the answer choices do not include $0.03, so the closest option is C, $0.05 per cookie.

In 1993 the Government Standardized the Way in Which Nutrition