standard_description: Analyze decisions and strategies using probability concepts (e.g., product testing, medical testing, pulling a hockey goalie at the end of a game).
problem_activity: Task
The price of copper fluctuates. Between 2002 and 2011, there were times when its price was lower than \$1.00 per pound and other times when its priace was higher than \$4.00 per pound. Copper pennies minted between 1962 and 1982 are 95% copper and 5% zinc by weight, and each penny weighs 3.11 grams. At what price per pound of copper does such a penny contain exactly one cent worth of copper? (There are 454 grams in one pound.)


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