I am going to compare two products to determine the prices:
1. A jar of saffron or a bottle of wine and a bottle of cognac
2. The price of both the wine and the cognac at the grocery store
I am going to use $6.95 for a 4 pound jar of saffron, and $1.89/ml for a bottle of Cognac.
I have a little research to do, so let me know in the comments below if I should include an asterisk or a dollar sign for the quantity and/or for the amount of each product. As with all things in life, the best way to think of this is as a tradeoff.
Now for the math:
We will start by using a base assumption of 5 pounds of saffron in the U.S. So, let’s say that I will be buying:
1 ounce of saffron (1 lb of saffron) + 1 gallon of cognac = 1 lb saffron
1 gallon of Cognac = 3 oz Cognac + 1 oz Saffron = 3 oz “Cognac”.
This puts the prices of the products in the following order:
Saffron: $600 = $600/oz
Cognac: $10/oz = $10/oz
Since the prices of the food and the drink go higher as I move farther down the food chain, I am going to do some simple cost per calorie calculations.
Let’s start with the base assumption that there is no difference between the two items (if you want a little more math, you can also calculate the difference between the two goods), and make some easy and straight forward calculations to get the final numbers:
1 lb of saffron: 4.8 g of protein
2 oz Cognac: 24 g of protein
2 oz Saffron: 40 g of protein
2 oz Cognac: 16 g of carbohydrate
So the total cost of the saffron product would be 6.8 g protein, and 4.8 g of carbohydrate for the Cognac and the saffron products.
It’s easy to assume that the same amount will be required for this recipe as it was for the previous one, but I do want to know whether or not there is a bigger difference between the two products (
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