Let the expense function for a particular item be defined as y = -1,950x + 53,000. Let the revenue function be defined as y = -450x2 + 10,000x, where x represents price in each equation. Use this window.
a. Graph the two functions.
b. Determine the x- and y-coordinates of the first point where the two graphs intersect. Round those values to the nearest whole number.
c. Explain the significance of this point in the context of expense, revenue, and price.
WINDOW
Xmin = 0
Xmax = 30
Xscl = 1
Ymin = 0
Ymax = 70000
Yscl = 1
Xres = 1