Question: 5. (4 pts) When measuring how much change occurs in values between two points in time, the percentage change and average rate of change can

5. (4 pts) When measuring how much change occurs in values between two points in time, the percentage change and average rate of change can help to give context. Keep this in mind as you answer the following questions. a. Suppose that Company A had sales totaling $1 thousand at the end of 2015 and Company B had sales totaling $1 million at the end of 2015. Suppose that Company A and Company B both had their total sales increase by $5000 from the end of 2015 to the end of 2016. Complete the points for this information: A (2015, (2016, B (2015, (2016, What was each company's percentage change in sales from the end of 2015 to the end of 2016? b. For which company do you think the increase in sales from 2015 to 2016 had the biggest impact? Explain. c. What was the company A's average rate of change from the end of 2015 to then end of 2016? d. Now suppose that Company A also had their sales increase by another $5000 between the end of 2016 and the end of 2021. What was the company's average rate of change from the end of 2016 to the end of 2021? e, During which of these time periods did Company A's sales increase faster? Explain

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!