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½ ounce of olive oil

½ ounce of olive oil

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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You are making basil sauce. The recipe calls for ½ ounce of olive oil. A gallon of olive oil costs $18.95. How much will the olive oil cost in this recipe?

Expert Solution
Step 1

1 gallon is equal to 128 ounces

So,

Cost of 128 ounces = $18.95

 

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