Final answer:
The y-intercept of Jason's pay equation is 100, representing his base pay for a day without any sales, and the answer is option A.
Step-by-step explanation:
The y-intercept of the equation p = 100 + 0.03x is 100, and it represents the value of p when x is zero. This intercept can be identified by the b term in the linear equation y = mx + b. In the context of Jason's pay, the y-intercept is his base pay amount for a day regardless of sales. Hence, the correct answer is A. y-intercept is 100; it represents Jason's base pay amount for a day regardless of sales.