Hi there!
We can begin by writing an equation for each company.
Let x = number of hours
Company A:
y = 250 + 50x (hourly rate is $50)
Company B:
y = 150 + 75x (hourly rate is $75)
We can set the two equations equal to each other to find their intersection point:
250 + 50x = 150 + 75x
Solve for x:
250 - 150 = 75x - 50x
100 = 25x
x = 4
Solve for y by plugging x into an equation:
y = 150 + 75(4) = 150 + 300 = 450
Thus, the lines intersect at (4, 450)
4 hours ⇒ $450 dollars