1. **State the problem:**
We need to write an equation in slope-intercept form $y = mx + b$ that represents the monthly cost $y$ of the farm when it produces $x$ eggs.
2. **Identify the components:**
- The cost per egg is $0.05$, so this is the slope $m$ because the cost increases by $0.05$ for each additional egg.
- The fixed monthly upkeep cost is $1000$, which is the y-intercept $b$ because it is the cost when no eggs are produced.
3. **Write the equation:**
$$y = 0.05x + 1000$$
4. **Interpret the slope and intercept:**
- Slope $m = 0.05$ means the cost increases by 5 cents per egg.
- Intercept $b = 1000$ means the farm has a fixed monthly cost of 1000 regardless of egg production.
5. **Check the options:**
- The first option matches our equation and interpretation.
**Final answer:** The slope is $0.05$ because this is the cost per egg. The equation is $$y = 0.05x + 1000$$.
Farm Cost B9F57E
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