Determine the initial value and the rate of change in the following description. At a local festival, the entrance fee is $12 per person, and ride tickets cost $2 for every ride.

(1 point)

The initial value is b= , and the rate of change is m=.

The initial value of this scenario is $12, as that is the entrance fee per person.

The rate of change is $2, as the cost of ride tickets increases by $2 for every ride.