Answered

Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Gas prices have increased steadily from $2.35 per gallon to $3.95 per gallon in 8 months. What is the rate of change in gasoline prices per month?

Sagot :

absor201

Answer:

The rate of change in gasoline is 0.2$ per month.

Step-by-step explanation:

Given that Gas prices have increased steadily from $2.35 per gallon to $3.95 per gallon in 8 months.

Increase 'steadily' means the rate of change is the same throughout the 8 months.

let x represents the time in months, and y represents the gas price

so

at x₁ = 0, y₁ = 2.35

at x₂ = 8, y₂ = 3.95

Let us find the slope or rate of change using the formula

Rate of change = slope = m = [y₂ - y₁] / [x₂ - x₁]

                                              = [3.95 - 2.35] / [8 - 0]

                                               = 1.6 / 8

                                               = 0.2 $ per month

Therefore, the rate of change in gasoline is 0.2$ per month.

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.