An ordered pair or coordinates of a point in 2-dimensional space.
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that is called the solution set
It is a linear equation in two variables, x and y. Any point on the line defined by the equation will satisfy the equation and conversely, any ordered pair that satisfies the equation will represent a point, in the Cartesian plane, will be on the line.
An equation with two variables . . . seriously!An equation with one variable can be can be solved, but when there are two variables, you need two equations. This is called a system of two equations in two variables.Three equations in three variables, etc.
In a straight line (satisfies an equation of the form y = mx + b.)
You don't. An equation with two variables can be graphed as a line or a curve on x-y coordinates. When you do that, EVERY point on the line or curve satisfies the equation. You can't 'solve' it ... i.e. come up with unique values for 'x' and 'y' ... until you have another equation. It represents another line or curve on the graph, and the 'solution' represents the point (or points) where the graphs of the two equations intersect.