#### Explanation:

Write out an equation for the total cost. The price per pound multiplied by the number of pounds will give you the total cost.

$\text{Total cost"="Price per pound"*"Number of pounds}$

Rearrange this algebraically to solve for $\text{Price per pound}$. To do this, divide both sides of the equation by $\text{Number of pounds}$ to get $\text{Price per pound}$ by itself.

"Total cost"/color(red)("Number of pounds")="Price per pound"*cancel("Number of pounds")/cancel(color(red)("Number of pounds"))

This leaves us with a new form of the equation.

$\text{Price per pound"="Total cost"/"Number of pounds}$

All we need to do now is substitute in the given information and solve.

"Price per pound"="Total cost"/"Number of pounds"=38.87/2.6=\$14.95