The flat fee of a cab is $3.50 plus an additional $2.25 every mile.

b. Write an equation in slope-intercept, point-slope, or standard form. Explain why you chose the form you did

What does that mean?

1 answer

Fixed Cost = $3.50

Variable Cost = $2.25 per mile

x = distance traveled in miles

Variable Cost = $2.25 ∙ x

y = Total Cost = Variable Cost + Fixed Cost

y = 2.25 x + 3.5