SOLUTION: find the rate of change of total income with respect to fare charged per passenger when the fare per passenger increases from $10to $12.Write a sentence to explain the meaning of t

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Question 167485: find the rate of change of total income with respect to fare charged per passenger when the fare per passenger increases from $10to $12.Write a sentence to explain the meaning of this number
Answer by Mathtut(3670) About Me  (Show Source):
You can put this solution on YOUR website!
there is a $2 change in order to find the rate of change you must compare the change to the original figure which is $10. The proportion is written as
2/10=.2 or 20%. meaning with the 20% rate of change the fare is now 20% greater for each passenger and total income has increased by 20%.