Directions: Complete each of the tasks outlined
Cab companies often charge a flat fee for picking someone up and then charge an additional fee per mile driven. We are going to use Uber and Lyft! We are going to research the price of Uber and Lyft in Orlando, FL.
Task 1
1. For Lyft, express in words the amount they charge per ride and per mile
2. Write an equation in slope-intercept, point-slope, or standard form. Explain why you chose the form you did.
3. What do the slope and y-intercept mean in the context of this problem?
Task 1:
1. For Lyft, the amount they charge per ride is typically a base fare, which varies depending on the location and time of day, and then an additional fee per mile. In Orlando, FL, as of March 2021, Lyft charges a base fare of $1.50 and an additional fee of $0.97 per mile.
2. Let's write an equation in slope-intercept form to represent the cost of a Lyft ride in Orlando:
y = mx + b
Here, y represents the total cost of the Lyft ride, x represents the number of miles driven, m represents the cost per mile ($0.97), and b represents the base fare ($1.50).
3. In the context of this problem:
- The slope (m) represents the cost per mile driven. It indicates that for every additional mile driven, the cost of the ride increases by $0.97.
- The y-intercept (b) represents the base fare. It is the fixed cost that is charged regardless of the distance traveled.