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By the. late 1990âs, the price of lead had increased tenfold compared. with the price at the beginning of the century. In terms of. 1992 dollars, however, the price of primary refined lead was. $0.39 per pound in 1998 compared with $0.59 per pound in. 1959. Historically, lead has not been and is not a price-elastic.
Cost per pound. You are faced with the following situation: - You want to buy a can of your favorite tuna, and you have three choices: 2oz for $0.99; 4.5oz for $1.69; or 12oz for $4.79. Which choice will give you the most value for your money, and how to calculate the price per pound? Perplex? The best choice is 4.5oz for $1.69.