Posted by Chelsea on Tuesday, September 21, 2010 at 1:20pm.
The manager of a weekend flea market knows from past experience that if he charges x dollars for a rental space at the market, then the number y of spaces he can rent is given by the equation y= 2004x.
Is this correct?
Slope represents the relationship between amount charged per space and how many spaces he will rent. The more he charges, the less he will rent.
yintercept represents the # of spaces he can rent
xintercept represents the amount of money he can make or charge

Calc  Gray, Tuesday, September 21, 2010 at 1:42pm
Yintercept represents the maximum number of spaces he can rent, renting each space for $0. Xintercept represents the maximum amount he can charge per space, renting 0 spaces. Also a minor correction to slope: The more he charges, the fewer spaces he will rent.
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