employees at a manufacturing plant have seen production rates change by approximately 105% annually. in…

employees at a manufacturing plant have seen production rates change by approximately 105% annually. in contrast, the graph shows the change in the average annual wages of the employees. which statement accurately compares the annual change in production to the annual change in average salary? the annual changes cannot be compared because the initial production value is unknown. the annual change in production increases at a slower rate, 105% per year, than the annual increase in average salary, $500 per year. the annual change in production has exceeded the annual change in the average salary. the annual change in production increases at a slower rate, 5% per year, than the annual increase in the average salary, $500 per year.

employees at a manufacturing plant have seen production rates change by approximately 105% annually. in contrast, the graph shows the change in the average annual wages of the employees. which statement accurately compares the annual change in production to the annual change in average salary? the annual changes cannot be compared because the initial production value is unknown. the annual change in production increases at a slower rate, 105% per year, than the annual increase in average salary, $500 per year. the annual change in production has exceeded the annual change in the average salary. the annual change in production increases at a slower rate, 5% per year, than the annual increase in the average salary, $500 per year.

Answer

Answer:

The annual change in production has exceeded the annual change in the average salary.

Explanation:

Step1: Analyze production rate change

Production rate changes by 105% annually. This means it is growing at a significant rate.

Step2: Analyze salary - change from graph

From the graph, if we assume the initial average annual wage is around $40000 and after 16 years it is around $50000. The annual increase in average salary is $\frac{50000 - 40000}{16}= 625$ per year (approx). But even if we consider the stated $500$ per - year increase.

Step3: Compare the two changes

A 105% annual growth rate in production is much larger than an annual increase of $500$ in average salary. So the annual change in production has exceeded the annual change in the average salary.