For this case we have:
By definition, two points are needed to find the equation of a line. We have a series of points given by:
![(x, y) = (time, cost)](https://img.qammunity.org/2019/formulas/mathematics/middle-school/ja7li2bc19wyet5inpj31sq6cfucxrne0o.png)
We chose two points:
![(t1, c1) = (1,180)\\(t2, c2) = (2,240)](https://img.qammunity.org/2019/formulas/mathematics/middle-school/sn9xoq5ap112jc56zk0yp0hndtg99dfwye.png)
By definition, the formula of the slope is given by:
![m =((c2-c1))/((t2-t1))](https://img.qammunity.org/2019/formulas/mathematics/middle-school/iom5urgvmdu7eoe16pdocdgbr07oqctzgd.png)
Substituting:
![m =(240-180)/(2-1)](https://img.qammunity.org/2019/formulas/mathematics/middle-school/1wa3mxlmmtw6egc2t3i0swl046ruytpaug.png)
![m =(60)/(1)\\m = 60](https://img.qammunity.org/2019/formulas/mathematics/middle-school/xlgfibymvwwb2404xxphsd38zo5qmzzcpo.png)
Being a line of the form
, we substitute a point and the slope found to find the cut point b.
![180 = 60 * 1 + b\\180 = 60 + b\\b = 180-60\\b = 120](https://img.qammunity.org/2019/formulas/mathematics/middle-school/xtd9unaa02sf8rvae49ohq3lwoye5me998.png)
Thus, the equation of the line is given by:
![y = 60x + 120](https://img.qammunity.org/2019/formulas/mathematics/middle-school/7owjbti9bkxvrg9i9t6sqq5przhv3bz07l.png)
Answer:
Option C