Answer to Question #61684 in General Chemistry for misscute

Question

ou have recently started a candle‐making business, and need to purchase a large amount of a unique scented wax.?
Edit
You plan to charge $9.95 per large candle. The wax you need is
available from a U.S. supplier for $24.00/lb, and also from a German supplier for €9.20/kg. If
the current exchange rate is $1 = €0.76, and 1 kg = 2.20 lbs., which supplier is giving the
better price? Use conversion factor and explain.
> give me a details answer ASAP.

Answer 1

The charge per candle has no meaning here. In fact, you did not provide an accurate mass of a candle. Thus, we only can compare both suppliers. Now, we have to exchange dollars to euros (24.00 $/lb * 0.76 €/$ = 18.24 €/lb). Further, we are exchanging lbs to kg (18.24 €/lb / 2.20 kg/lb = 8.29 €/kg). We can easily see that U.S. supplier proposes better price. We could also use a conversion factor - 1 $/lb = 0.76 €/$ / 2.20 kg/lb = 0.35 €/kg. Now, if 1 $/lb is 0.35 €/kg, then 24.00 $/lb is 24 times higher than 1 $/lb. Thus, 24.00 $/lb is 24 * 0.35 €/kg = 8.29 €/kg.