Determine the initial value and the rate of change in the following description. At a local festival, the entrance fee is $12 per person, and ride tickets cost $2 for every ride.(1 point) The initial value is b= , and the rate of change is m=

Answer 1

In the given scenario:

1. Initial Value (b): This is the cost incurred before any rides are taken. Since the only fixed cost mentioned is the entrance fee, the initial value is: \[ b = 12 \text{ (the entrance fee)} \]

2. Rate of Change (m): This represents how much the total cost increases with each additional ride taken. Since each ride ticket costs $2, the rate of change is: \[ m = 2 \text{ (the cost per ride)} \]

Therefore:

• The initial value is \( b = 12 \)
• The rate of change is \( m = 2 \)