b. Use the equations to determine where the two lines intersect, Find a value for both variables. Label \[ \begin{array}{l} \text { this point on the graph. } \\ \begin{array}{l} 86000=8000 t=102000-12000 t \\ 86000=-1200000+8000 \end{array} \\ -16000=-4000 t \quad t=\frac{16000}{1000}=4 \end{array} \]
Real Tutor Solution
Answer
Solution
Sign in to Unlock Answers for Free!
A Learning Platform Trusted by Millions of Real Students and Teachers.
Reviewed and approved by the UpStudy tutoring team
Extra Insights
To determine where the two lines intersect, we need to set the two equations equal to each other. From your equations, it seems like they involve some terms related to time (\(t\)). By substituting \(t=4\) into either of the original equations, you can find the corresponding \(y\) value. Plugging \(t=4\) back into one of the equations yields: \[ 86000 = 8000(4) + C \] So, solving will give you the intersection point \((4, 86000)\) on the graph! This point represents a moment where two scenarios balance, often crucial in fields like economics or physics. For example, in an expense versus revenue model, it highlights the break-even point—indicating how long it takes for a business to reach financial equilibrium! Understanding these intersection points can provide significant insights into trends and forecasts in real-world scenarios.