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As my math teacher would say, the Math gods just picked those random variables to represent these things. There is no specific reason to my knowledge.

Q: Why is m the slope and b the y-intercept?

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There is no slope nor intercept because there is no equation, simply an expression.

first of all, i dont see how slope and yintercept has anything to do with shopping. usually in an equation, y= mx+b, m stands for slope, and b is the y-intercept. x and y are just x and y. If the equation is mixed up, and is not in y=mx+b format, you need to solve to get y on one side, the slope, x, and whatever the presented constant is (which is the y-intercept) on the other side. hope this helps.

y=mx+b m=slope b=y-intercept

Given a point P = (a,b) and slope m, the equation of a line through P with slope m is (y-b) = m(x-a)

Given a point P(a,b) and slope m, the point slope equation is (y - b)/(x - a) = m

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It shows the relationship of y in terms of x. [y = (yIntercept) + ((slope)*(x))] [slope = (y2 - y1)/(x2 - x1)]

There is no slope nor intercept because there is no equation, simply an expression.

first of all, i dont see how slope and yintercept has anything to do with shopping. usually in an equation, y= mx+b, m stands for slope, and b is the y-intercept. x and y are just x and y. If the equation is mixed up, and is not in y=mx+b format, you need to solve to get y on one side, the slope, x, and whatever the presented constant is (which is the y-intercept) on the other side. hope this helps.

You can write it either in standard form (ax + by = c) or in slope-intercept form (y = mx + b)

The standard form of the equation is y = mx + b. m is the slope of the line. So the answer is 2. M = Slope B = Y - Intercept

y=mx+b m=slope b=y-intercept

y=mx+b where m=slope; b= y-intercept

Given a point P = (a,b) and slope m, the equation of a line through P with slope m is (y-b) = m(x-a)

y=mx+b where m is the slope and b is the y intercept

If you mean: y = mx+b then the slope of the line is m and the y intercept is b

Given a point P(a,b) and slope m, the point slope equation is (y - b)/(x - a) = m