using the graph below, determine the employees hourly wage. an employees wage money earned ($) hours worked…
using the graph below, determine the employees hourly wage. an employees wage money earned ($) hours worked $ per hour
Answer
Explanation:
Step1: Select two points on the line
Let's take the points (4, 232) and (8, 464).
Step2: Use the slope - formula for hourly wage
The slope formula is $m=\frac{y_2 - y_1}{x_2 - x_1}$, where $y$ is money earned and $x$ is hours worked. Here, $x_1 = 4,y_1=232,x_2 = 8,y_2 = 464$. Then $m=\frac{464 - 232}{8 - 4}=\frac{232}{4}=58$.
Answer:
58