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Homework answers / question archive / A gasoline refinery found that the cost to produce 12,50012,500 gallons of gasoline last month was $27,000$27,000

A gasoline refinery found that the cost to produce 12,50012,500 gallons of gasoline last month was $27,000$27,000

Accounting

A gasoline refinery found that the cost to produce 12,50012,500 gallons of gasoline last month was $27,000$27,000. At that time, the cost was going up at a rate of $1200$1200 per month, while the number of gallons of gasoline the refinery produced was going up at a rate of 350350 gallons per month.

At what rate was the average cost to produce a gallon of gasoline increasing or decreasing last month?

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