Question

When estimating the cost of building a new house, Karmax Builders calculates $70 per square foot, $3,500 for miscellaneous expenses.

What’s the slope of the equation?

Summarize the meaning of the slope in the context of the problem

Answer 1

Explanation:

70 is the slope.

70 represents the cost of one square foot.

Per every square foot (x), the cost increases by 70 (y).

The amount of square feet changes the total cost.

Equation is represented as:

`y=70x+3500`

3500 represents the y-intercept.

70 represents the slope.