Posted by Chelsea on .
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= 200-4x.
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.
y-intercept represents the # of spaces he can rent
x-intercept represents the amount of money he can make or charge
Y-intercept represents the maximum number of spaces he can rent, renting each space for $0. X-intercept 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.