Answered

Get the answers you need at Westonci.ca, where our expert community is dedicated to providing you with accurate information. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

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.

Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.