Question

To paint a house, a painting company charges a flat rate of $500 for supplies, plus $50 for each hour of labor.

Find the slope of the line, What is the meaning of the slope in this context?

Answer 1

The slope is 50 because they charge $50 for each hour of labor. The slope represents how long they have worked for and what it costs. Also the y intercept is 500, so the equation is y=50x+500