The graph below shows a company's profit f(x), in dollars, depending on the price of erasers x, in dollars, being sold by the company:
GRAPH IS DOWN BELOW VVVVVVVVV
Part A: What do the x-intercepts and maximum value of the graph represent? What are the intervals where the function is increasing and decreasing, and what do they represent about the sale and profit? (5 points)
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I think I got it, is this correct?
Part A: The x-intercept is equal to 0 dollars profited, such as f(x) = 0. The maximum value of the graph shows the max profit we have made/can be reached. Profit is increasing on the interval (0,4) and decreasing on the interval (4,8). This represents that profit is increasing when selling price ranges from 0 dollars to 4 dollars, then decreases when selling price is 4 dollars to 8 dollars