Concept explainers
A rental company charges
- What is the x-coordinate of the intersection point of the graphs? Describe what this x-coordinate means in practical terms.
- What is a reasonable estimate for the y-coordinate of the intersection point?
- Substitute the x-coordinate of the intersection point into each of the equations and find the corresponding value of y. Describe what this value represents in practical terms. How close is this value to your estimate from part (b) ?
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