Let Equal the Average Monthly Salary of Families in a Certain

question 55

Multiple Choice

Let equal the average monthly salary of families in a certain city in year t. Several values are given in the table below. Estimate and interpret . t
1995
2000
2005
2010 $1700
$2000
$2200
$2450

• A) ; The rate at which the average monthly salary is increasing each year in 2010 is increasing by $2 per year.
• B) ; The average monthly salary is increasing by $2 per year in 2010.
• C) ; The rate at which the average monthly salary is increasing each year in 2010 is increasing by $50 per year.
• D) ; The average monthly salary is increasing by $50 per year in 2010.

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Definitions:

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A metric that reveals the number of times a company's inventory is sold and restocked within a certain period.

Days in Inventory

A financial metric that indicates the average number of days a company takes to sell its entire inventory.

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