<em>Here we are required to determine the initial monthly fee charged by the electric company.</em>
The initial fee charged by the electric company is; C = $10
To solve this, we need to evaluate the slope and intercepts of the equation of the straight line graph of the relation.
y = mx + c.
- where m = slope of the relation.
- and c = <em>intercept = the initial fee charged by the electric company</em>.
- y = <em>Monthly charge at each time</em>.
To find the slope;
By substituting m into the equation y = mx + c, alongside a pair of values of usage and monthly charge, we can obtain the intercept, c (i.e the initial fee charged).
Therefore, m = 0.12 , y = 82 and X = 600;
we then have;
Therefore, the initial fee charged by the electric company is; C = $10.
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