Imagine that an upward sloping line is depicted in a graph with income per week on the y- axis and hours worked per week on the x- axis. The slope of the line in the graph depicts the:
A) the total monthly income of the worker.
B) hourly wage of the worker.
C) minimum wage of the worker.
D) increase in income earned by the worker per every year of service.

Question

Quizplus · Accepted Answer

The slope of the line in the graph depicts the hourly wage of the worker, as it shows the increase in income earned per every hour worked. The other options (total monthly income, minimum wage, and increase in income per year of service) are not directly related to the slope of the line in the graph.

Imagine That an Upward Sloping Line Is Depicted in a Graph