Bakery Costs
1. **State the problem:** We need to find the values of $a$ and $b$ in the linear equation $$C = aN + b$$ that models the cost, $C$, in pounds, of making $N$ loaves of bread when $N \geq 50$. The graph shows two points on the line: (50, 40) and (150, 160).
2. **Use the given points:** We can substitute each point into the equation to form two equations:
- For $N=50$, $C=40$: $$40 = a \times 50 + b$$
- For $N=150$, $C=160$: $$160 = a \times 150 + b$$
3. **Set up the system of equations:**
$$\begin{cases}
40 = 50a + b \\
160 = 150a + b
\end{cases}$$
4. **Subtract the first equation from the second to eliminate $b$:**
$$160 - 40 = 150a - 50a$$
$$120 = 100a$$
5. **Solve for $a$:**
$$a = \frac{120}{100} = 1.2$$
6. **Substitute $a=1.2$ into the first equation to find $b$:**
$$40 = 50 \times 1.2 + b$$
$$40 = 60 + b$$
$$b = 40 - 60 = -20$$
7. **Write the final equation:**
$$C = 1.2N - 20$$
**Answer:** The values of $a$ and $b$ are $a=1.2$ and $b = -20$.