Answer:
The statement that best describes the values of x and y is:
- The values of both x and y will be real numbers greater than or equal to 0.
Explanation:
If x represents the number of pounds of peaches bought and y represents the total cost of the peaches.
Now, it is given that:
Peaches are being sold for $2 per pound.
i.e. the expression for x and y is given by:

Now, we know that:
x ≥ 0
Since, the number of pounds of peaches sold can't be negative either there will be no peaches sold(i.e. x=0) or some quantity of peaches will be sold(i.e. x>0)
Also,
If x≥0
then 2x≥0
i.e. y≥0
Hence, we get that both x and y must be a real number greater than or equal to 0.