QUESTION IMAGE
Question
applying solutions to demand equations
the price that companies set for a product is determined by market
demand.
which statement is true about the solution(s) to the equation?
when 4,000 units are produced, the demand
is 0.
when 5,000 units are produced, the demand
is 0.
Step1: Identify x-intercept meaning
The x-intercepts $(x,0)$ represent when demand (y) is 0, with x in thousands of units.
Step2: Match intercept to statement
The x-intercepts are $(-5,0)$ (not meaningful, negative units) and $(4,0)$. This means 4 thousand (4,000) units result in 0 demand.
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When 4,000 units are produced, the demand is 0.