David W. answered 12/01/15
Tutor
4.7
(90)
Experienced Prof
This problem can be solved using the Multiplicative Identity (that is, 1) because we want to change the units (for 56 inches of wire) without changing the value.
We need the following information:
7/8 inch costs $0.03 [so, (7/8 inches)/($0.03) = 1] also [ ($0.03)/(7/8 inches) = 1]
O.K.,
56 inches
(56 inches)*1
(56 inches)*( ($0.03)/(7/8 inches) ) [note: inches cancel, leaving only $]
(56)*($0.03)/(7/8)
(56)*($0.03)*(8/7) [to divide by fraction, invert and multiply]
$1.92