Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

check for understanding 1 of 3 answer the question correctly to continu…

Question

check for understanding 1 of 3
answer the question correctly to continue reading
why did the u.s. mint decide to stop producing pennies?
a to increase the value of the dollar.

b to save money.

c to make room for new coin designs.

d because pennies were too heavy to carry.

submit

Explanation:

Brief Explanations

The U.S. Mint's decision to stop producing pennies is primarily due to cost - production of a penny costs more than its face value (1 cent), so stopping production saves money. Option A is incorrect as stopping penny production doesn't increase the dollar's value. Option C is incorrect as new coin designs aren't the main reason. Option D is incorrect as the weight of pennies isn't a major factor in this decision.

Answer:

B. To save money.