Answer:
2004
Explanation:
Given :

Sales at a certain department store follow the model where y is the total sales in thousands of dollars and x is the number of years after 2001.
To Find: What was the first year that sales fell below $50,000?
Solution:

We are supposed to find the first year that sales fell below $50,000
Since y = total sales in thousands of dollars
So, Substitute y = 50





x≈ 3
The first year that sales fell below 50,000= 2001+3
= 2004
Hence the first year that sales fell below $50,000 was 2004.