The average cost in dollars per pound of the steaks sold on Tuesday is 9.17 per pound.
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Average cost:</h3>
First step is to calculate the total cost for steaks
Total cost=400×$9.98 + 120×$6.49
Total cost=$4770.8
Second step is to calculate the total pound
Total pound=400 + 120
Total pound= 520
Third step is to calculate the average cost in dollars
Average cost=$4770.8 / 520
Average cost= 9.174615385
Average cost=9.17 per pound (Approximately)
Inconclusion the average cost in dollars per pound of the steaks sold on Tuesday is 9.17 per pound.
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