Answer:
The y-intercept of the equation is 100 and represents the initial studio-use fee.
Step-by-step explanation:
In this equation, our t variable (time) is the equivalent of the x-variable on a graph. This is because it is the variable that we 'change' to see its impact on y. We see how the amount of hours affects the price. So our P variable (price) is the equivalent of y on a graph. The y-intercept is where the line crosses the y-axis on a graph. At this point, x=0.
Since P is our y, and t is our x, to find the y-intercept, we simply need to make t = 0.
P = 50(0) + 100
P = 100
Therefore the y-intercept is 100.
In this context, t represents time, so even though the studio has been used for 0 hours, the price is still 100. This is because the 100 represents the initial studio-use fee, and using it for certain amounts of time adds onto the initial fee of $100. The hourly fee is represented by 50t so it costs $50 more for each hour of use.
Hope this helped!
