Answer:
A Pound of coffee cost in US will be $10.71
Step-by-step explanation:
Given Brazil exports the most coffee in the world. It cost approximately $2.55 to produce a pound of coffee. Also, the U.S. charges a 20% Tariff for each pound that is imported.
we have to find cost of a pound of coffee in US in order to earn a profit of 300% for each pound.
Hence, cost for each pound in US is calculates as
= (Cost + Profit + Charge) per pound
= Cost to produce + 300% of (Cost to produce) + 20% of (Cost to produce)
= $2.55 + 3(2.55) + 0.2(2.55)
= $10.71
