A company's profits (P) are related to increases in a worker's average pay (x) by a linear equation. If the company's profits drop by $1,500 per month for every increase of $450 per year in the worker's average pay, what is the slope of the graph of the equation?

Question

Damari Carrillo

Mathematics

28 November, 14:55

A company's profits (P) are related to increases in a worker's average pay (x) by a linear equation. If the company's profits drop by $1,500 per month for every increase of $450 per year in the worker's average pay, what is the slope of the graph of the equation?

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Blake Ayers · Answer 1

Notice we are talking about costs per year and costs per month. If we change the cost per month of the worker's pay (x), it will be $37.5 per month.

Then change in company's costs C (x) / change in (x) = - 1500/37.5 = - 40