Question

the table below shows the salvage value for raw steel.

tons of steel	salvage value
2	$500.00
4	$1,000.00
6	$1,500.00
8	$2,000.00
10	$2,500.00

based on the information in the table, what is the price per ton for raw steel?

a. $250
b. $200
c. $240
d. $260

Explanation:

Step1: Select sample data pair

Take 2 tons of steel with salvage value $\$500.00$.

Step2: Calculate price per ton

$\text{Price per ton} = \frac{500}{2} = 250$

Answer:

A. $\$250$