David W. answered 10/28/15
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The equation of a line may be in Slope-Intercept Form, Standard Form, Point-Slope Form, etc. Let’s use Slope-Intercept Form: y = mx + b (m=slope and b=y-intercept).
The slope is often called “rise over run,” because it is the increase in the y-values divided by the increase in the x-values. Here you have two points for each company:
For B: (2,100) and (6,220); slope=(220-100)/(6-2) = 120/4 = 30
For N: (2,76) and (6,228); slope=(228-76)/(6-2) = 152/4 = 38
Plug in either point to find the y-intercept for each line:
For B: y = 30x + b; 100=30(2)+b; b=40 so, y=30x+40
For N: y= 38x + b; 76=38(2)+b; b=0 so, y=38x
(a) In terms of C and h, this is:
For B: C=30h+40 [has points (2,100) and (6,220)]
For N: C=38h [has points (2,76) and (6,228)]
(b) Company B has an initial charge of $40 and then $30 for each hour of work. Company N just charges $38 for each hour of work.
(c) At h=5,
Company B charges C=30h+40 = 30(5)+40 = 150 + 40 = $190
Company N charges C=38h = 38(5) = $190
At 5 hours of work, the two companies charge the same amount.