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Based on trends displayed in the graphs above, which answer choice represents a likely situation for 2010 ? a. There will be more than 6.5 million construction employees in 2010, and those employees will have average hourly earnings of \( \$ 24.00 \). b. There will be over 6 million construction employees in 2010 , and the average hourly earnings will be less than twenty dollars. c. There will be roughly 6 million employees in 2010 , and those employees will have average hourly earnings of \( \$ 22.75 \). d. There will be over 7.5 million employees in 2010 , and those employees will earn, on average, \( \$ 23.00 \) per hour.

Ask by Maxwell Lambert. in the United States
Mar 11,2025

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Answer

The most likely situation for 2010 is **Option c**: There will be roughly 6 million employees, with average hourly earnings of \$22.75.

Solution

To determine which answer choice represents a likely situation for 2010 based on the trends displayed in the graphs, we need to analyze the trends for both the number of construction employees and their average hourly earnings. 1. **Identify Trends**: - Look at the trend lines for the number of construction employees over the years leading up to 2010. - Look at the trend lines for average hourly earnings over the same period. 2. **Estimate Values for 2010**: - Based on the trends, estimate the number of construction employees in 2010. - Estimate the average hourly earnings for construction employees in 2010. 3. **Evaluate Each Option**: - Compare the estimated values with each of the answer choices. ### Step-by-Step Analysis 1. **Estimate Number of Employees**: - If the trend shows a steady increase, we can project the number of employees for 2010. For example, if the number of employees was around 5 million in 2005 and increased by about 0.5 million each year, we might estimate around 6 million employees in 2010. 2. **Estimate Average Hourly Earnings**: - If the average hourly earnings were around $20 in 2005 and increased by about $1 each year, we might estimate around $25 for 2010. ### Evaluating the Options - **Option a**: More than 6.5 million employees and average earnings of $24.00. - **Option b**: Over 6 million employees and average earnings less than $20. - **Option c**: Roughly 6 million employees and average earnings of $22.75. - **Option d**: Over 7.5 million employees and average earnings of $23.00. ### Conclusion Based on the estimated trends: - If we estimated around 6 million employees and average earnings around $25, then: - **Option c** seems plausible as it states roughly 6 million employees and average earnings of $22.75, which is close to our estimate. Thus, the most likely situation for 2010 based on the trends would be **Option c**: There will be roughly 6 million employees in 2010, and those employees will have average hourly earnings of \( \$ 22.75 \).

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The Deep Dive

Looking back at the historical trends in construction employment during the late 2000s, it’s evident that the growth in employees was steady but faced challenges due to economic downturns. By 2009, the construction market was recovering, but it still hadn’t reached previous peaks. This context suggests that any predictions for 2010 would likely reflect a cautious optimism regarding employee count and wages. In practical terms, the construction industry is heavily influenced by the economic climate. Factors such as funding for infrastructure projects and demand in housing markets directly impact employment numbers and wages. If we consider the trends leading into 2010, we might expect moderate growth in employment levels, while wage increases may be restrained, reflecting the need for economic recovery.

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