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Let be a line with slope , and containing a point . If is any other point on the line , then by the definition of a slope, we get
The last result is referred to as the point-slope form or point-slope formula. If we simplify this formula, we get the equation of the line in the standard form, .
Using the point-slope formula, find the standard form of an equation of the line that passes through the point (2, 3) and has slope –3/5.
Substituting the point (2, 3) and in the point-slope formula, we get
Multiplying both sides by 5 gives us
Find the standard form of the line that passes through the points (1, -2), and (4, 0).
The point-slope form is
Multiplying both sides by 3 gives us
We should always be able to convert from one form of an equation to another. That is, if we are given a line in the slope-intercept form, we should be able to express it in the standard form, and vice versa.
Write the equation in the standard form.
Multiplying both sides of the equation by 3, we get
Write the equation in the slope-intercept form.
Solving for , we get
Finally, we learn a very quick and easy way to write an equation of a line in the standard form. But first we must learn to find the slope of a line in the standard form by inspection.
By solving for , it can easily be shown that the slope of the line is . The reader should verify.
Find the slope of the following lines, by inspection.
Now that we know how to find the slope of a line in the standard form by inspection, our job in finding the equation of a line is going to be very easy.
Find an equation of the line that passes through (2, 3) and has slope .
Since the slope of the line is , we know that the left side of the equation is , and the partial equation is going to be
Of course, can easily be found by substituting for and .
The desired equation is
If you use this method often enough, you can do these problems very quickly.
Now that we have learned to determine equations of lines, we get to apply these ideas in real-life equations.
A taxi service charges $0.50 per mile plus a $5 flat fee. What will be the cost of traveling 20 miles? What will be cost of traveling miles?
In this problem, $0.50 per mile is referred to as the variable cost , and the flat charge $5 as the fixed cost . Now if we look at our cost equation , we can see that the variable cost corresponds to the slope and the fixed cost to the y-intercept.
The variable cost to manufacture a product is $10 and the fixed cost $2500. If represents the number of items manufactured and the total cost, write the cost function.
The fact that the variable cost represents the slope and the fixed cost represents the y-intercept, makes and .
Therefore, the cost equation is .
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