Final answer:
The function representing the situation is 30x + 40y = 240. The x-intercept is (8, 0) and the y-intercept is (0, 6). The intercepts represent the number of picks and shovels, respectively, that Jack would need to buy if he didn't buy any of the other item.
Step-by-step explanation:
In this situation, the function can be represented as 30x + 40y = 240. Here, x represents the number of picks bought by Jack, and y represents the number of shovels bought. The intercepts of the function can be found by setting x or y equal to 0 and solving for the other variable.
- x-intercept: When y = 0, we have 30x = 240, which simplifies to x = 8. So, the x-intercept is (8, 0).
- y-intercept: When x = 0, we have 40y = 240, which simplifies to y = 6. So, the y-intercept is (0, 6).
The x-intercept represents the number of picks Jack would need to buy if he didn't buy any shovels, and the y-intercept represents the number of shovels Jack would need to buy if he didn't buy any picks.