Final answer:
The average rate of change of the minimum wage from 1975 to 2010 is calculated by subtracting the 1975 wage from the 2010 wage and dividing by the number of years between these two points in time. The answer is $0.15 per year.
Step-by-step explanation:
The question is asking to find the average rate of change of the minimum wage from 1975 to 2010. To do this, you take the difference in minimum wage from the two years and divide it by the number of years that have passed. The calculation is as follows:
Minimum wage in 1975: $2.00
Minimum wage in 2010: $7.25
Number of years between 1975 and 2010: 2010 - 1975 = 35 years
Average rate of change: ($7.25 - $2.00) / (2010 - 1975) = $5.25 / 35 years = $0.15 per year
Therefore, the average rate of change of the minimum wage from 1975 to 2010 is $0.15 per year.