3/4 cream cheese is equal to 12 ounces.
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One pound equals to 16 ounces and one ounce equals 0.06 of a pound. Also this relates only to solid (weight) ounces. There are two different kinds of ounces, ounces of weight/mass and ounces of volume (fluid). This can change when you are using the ounces to measure a non-liquid such as flour or sugar since the weight of dry items is not the same as their volume. An ounce of volume is called a "fluid ounce." That all being said, cream cheese is measured by mass (weight), so 8 ounces of cream cheese is half a pound. You will need two 8 ounce packages.
That is 1/2 a pound
A Troy ounce is a unit of mass used for measuring precious metals like gold and silver, where 1 Troy ounce is equal to 31.1035 grams. An avoirdupois ounce is a unit of mass commonly used in the US customary and British Imperial systems, equal to approximately 28.35 grams. Avoirdupois ounces are typically used for everyday items like food and body weight measurements.
1 individually wrapped slice of American cheese (16 slices in a 1-pound package)
There are 16 ounces in a pound. However, due to your grammar usage in the question, I am not sure what you are asking. The grammatically correct way to ask this question is to use a preposition. i.e "How much does "an" ounce and lb equal? The answer to that would be 1 lb and 1 oz. But if you want to know about ounces and pounds, there are 16 oz in a pound.