What you know:
Mr. Adams spent $36.25 on 12.5 pounds.
All you do to find the cost per each pound is:
36.25/12.5
Your answer:
$2.9 dollars per pound.
12,500 x 1.79 to find the price but 16,000 - 12,500 to get how many were left.
12,500 x 1.79 = $22,375 that they made from selling. 16,000 - 12,500 = 3,500 rolls left in the inventory. This question confused me so I just gave both answers.
It’s a positive correlation I’m pretty sure.