What is the unit rate if 8 bags of chip cost a total of $45.87? Round your answers to the nearest hundredth.

To find the unit rate, we need to divide the total cost of the bags by the number of bags.

Unit rate = total cost / number of bags

Unit rate = $45.87 / 8

Unit rate ≈ $5.73

Therefore, the unit rate is approximately $5.73.