State the practical meaning of the slope and y-intercept for the situation described. The cost, in dollars, of retaining the ser
vices of a computer repairman in Anchorville is given by C = 48x + 18, where x is the number of hours worked. a. 48 signifies the hourly rate, and 18 signifies the overhead charge. c. 18 signifies the hourly rate, and 48 signifies the overhead charge. b. -48 signifies the hourly rate, and 18 signifies the travel cost.
The practical meaning of the slope and y - intercept of the linear equation, C = 48x + 18 is that 48x is the variable cost depending on the number of hours and 18 is the fixed cost or the overhead change. Hence, the answer to the question above is letter A.
