A company offers a starting salary of $31,500 with raises of $2300 per year. Find the total salary over a ten-year period.

Chapter 1: Principles of Economics What is economics Economics is the study of how society manages its scarce resources. How do we use graphs in economics We graphs to illustrate the relationship between variables. The following illustrates the negative relationship between price and quantity. As the price decreases the quantity increases – this is a negative relationship...