Answer:
$0.91
Step-by-step explanation:
Given:
If one pound of Parmesan cheese costs $14.60, to find the cost of a one-ounce portion, simply divide the cost of one pound by 16:
[tex]\implies \textsf{1 ounce portion}=\dfrac{\$14.60}{16}=\$0.9125=\$0.91\;\sf (nearest \; cent)[/tex]
Therefore, the standard portion cost for a one-ounce portion of Parmesan cheese is $0.91 (nearest cent).