The cost for a online streaming service is modeled by the following function where m represents the number of months the service is subscribed to and C(m) represents the total cost given that amount of time:
C(m) = 11.99m + 7
In the above function, what is the slope?
What is the y-intercept?
How do we interpret the slope of this function?
How do we interpret the y-intercept of this function?
The slope of the function is 11.99.
The y-intercept of the function is 7.
The slope of the function represents the rate of increase in the cost of the service per month. For every additional month subscribed to the service, the cost increases by $11.99.
The y-intercept of the function represents the initial cost of the service. Even if the service is subscribed to for 0 months, there is still a flat fee of $7.
The cost for a online streaming service is modeled by the following function where m represents the number of months the service is subscribed to and C(m) represents the total cost given that amount of time:
C(m) = 11.99m + 7
In the above function, what is the slope? ___
What is the y-intercept? ____
How do we interpret the slope of this function? _______
How do we interpret the y-intercept of this function? _____