Question

Please help!

Answer 1

Answer:

(A) The rate of change in the price of a bushel of corn in the current year is $7.

(B) The price of a bushel of corn in the current year is $2 more than the price of a bushel of corn in the previous year.

Step-by-step explanation:

The graph for the prices of different numbers of bushels of corn at a store in the current year is shown below.

Part A:

The rate of change in the price of a bushel of corn in the current year based upon the number of bushels is known as the slope of the line.

The formula to compute the slope is:

$\text{Slope}=\frac{y_{2}-y_{1}}{x_{2}-x_{1}}$

Consider the ordered pairs: (4, 28) and (10, 70)

Compute the slope of the line as follows:

$\text{Slope}=\frac{y_{2}-y_{1}}{x_{2}-x_{1}}$

         $=\frac{70-28}{10-4}\\\\=\frac{42}{6}\\\\=7$

Thus, the rate of change in the price of a bushel of corn in the current year is $7.

Part B:

The data for the price of bushels in the previous year is as follows:

Number of Bushels Price

              2                   10

              4                  20

              6                  30

              8                  40

Compute the  rate of change in the price of a bushel of corn in the previous year based upon the number of bushels as follows:

Consider the ordered pairs: (2, 10) and (6, 30)

$\text{Slope}=\frac{y_{2}-y_{1}}{x_{2}-x_{1}}$

         $=\frac{30-10}{6-2}\\\\=\frac{20}{4}\\\\=5$

The  rate of change in the price of a bushel of corn in the previous year is $5.

Thus, the price of a bushel of corn in the current year is $2 more than the price of a bushel of corn in the previous year.