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The following table gives the approximate increase in dollars in the average price of a gallon of gas per decade since 1950. If the average price of a gallon of gas in 2010 was $2.60, what was the average price of a gallon of gas in 1950?
Starting Year | 10-Year Change |
1950 | 0.03 |
1960 | 0.05 |
1970 | 0.86 |
1980 | -0.03 |
1990 | 0.29 |
2000 | 1.12 |
Table 5.4 Approximate 10-Year Gas Price Increases, 1950-2000 Source: http://epb.lbl.gov/homepages/ Riick_Diamond/docs/ lbnl55011-trends.pdf.
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