To write an equation for the lines of the graph, we have to find the slope and the y-intercept of each line.
The y-intercept can be find as the value of y when the line intersects the y-axis.
For company L, that intersects at (0,10), the y-intersect is y(0)=10.
For company K, that intersects at (0,5). the y-intersect is y(0)=5.
The slope can be find using two points of the line.
For Company L we will use points (0,10) and (20,15). Then, we calculate the slope as:
For Company K, the points will be (0,5) and (20,15), and the slope will be calculated as:
With the slope and y-intercept we can write the equation of each line in slope-intercept form.
For Company L, with slope m=0.25 and y-intercept b=10 we will have:
For Company K, with slope m=0.5 and y-intercept b=5, we will have:
Answer:
The system of equations will be:
Company L: y=0.25x+10
Company K: y=0.5x+5