Answer with Explanation : We have to find the unit price for the 12-ounce package, the price per unit is as follows:
[tex]\begin{gathered} \text{ Price 12-ounce }\rightarrow\$1.49 \\ \therefore\rightarrow \\ \text{ Price/unit=}\frac{1.49}{12}=0.12417 \\ Price/unit\approx\$0.124 \end{gathered}[/tex]
Therefore the price per unit for the 12-ounce package is approximately, $0.124/oz.
