You work for a manufacturing company on a production line that manufactures cell phones. You are paid $20 a day plus $1.50 for each phone that you assemble. Interpret the slope and y-intercept of the equation of the trend line y=1.50x+20.(1 point)

Responses

The slope means that, for every 20 phones assembled, you receive $1.50. The y-intercept means that you receive $20 a day regardless of the number of phones produced.
The slope means that, for every 20 phones assembled, you receive $1.50. The y -intercept means that you receive $20 a day regardless of the number of phones produced.

The slope means that, for every 1.50 phones assembled, you receive $1. The y-intercept means that you receive $20 a day regardless of the number of phones produced.
The slope means that, for every 1.50 phones assembled, you receive $1. The y -intercept means that you receive $20 a day regardless of the number of phones produced.

The slope means that, for every phone assembled, you receive $1.50. The y-intercept means that you receive $20 a day regardless of the number of phones produced.
The slope means that, for every phone assembled, you receive $1.50. The y -intercept means that you receive $20 a day regardless of the number of phones produced.

The slope means that, for every phone assembled, you receive $20. The y-intercept means that you receive $1.50 a day regardless of the number of phones produced.

The slope of the equation y=1.50x+20 is 1.50, which means that for every phone assembled, you receive $1.50. The y-intercept of 20 means that you receive $20 a day regardless of the number of phones produced.

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