Cab companies often charge a flat fee for picking someone up and then charge an additional fee per mile driven.

Question

The city of Raleigh, NC charges $1.95 fee and $2.70 per mile for each Cab ride.
What does the slope mean in the context of the problem?

Answer 1

In the context of the problem, the slope represents the additional fee charged per mile driven by the cab company in Raleigh, NC. Specifically, the slope of $2.70 per mile indicates that for every mile driven, the cab company charges an additional $2.70 on top of the initial fee of $1.95.