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It means three quarters of one ounce.
56 oz 1 ounce = 2 tablespoons 1 tablespoon = 0.5 ounce
The abbreviation "oz" means "ounce."
There are 16 oz in 1lb. Therefore, the answer to your question is that there are no pounds, one ounce.
2 quarters = oz No it's not there is 4 quarters in a ounce 2 quarters = half ounce