Average Prices and Wages
The table below shows the average cost of a meal in a fast food restaurant and the average wage paid to workers in those restaurants over a period of 20 years.
Prices and Wages in Fast Food Restaurants
Year
Average
Meal Price
Average
Wage
1970
$0.90
$2.10/hr
1980
$2.00
$4.49/hr
1990
$3.20
$5.50/hr
Using the data in the table create a line graph for the average meal prices?
Using the data in the table create a line graph for the averge wages.
What would you predict he average wage to be in 1975? How did you get your answer?
Use the data in the table to create a double line graph showing the average meal prices and the average wages from 1970 to 1990. Use the graph to predict both the average meal price and the average wage in fast food restaurants in the year 2000. Explain how you made your predictions.