Not all functions will have intercepts, but when you are working with the graph of a linear function, it will have both an x-intercept and a y-intercept. An x-intercept is where the graph crosses the x-axis and a y-intercept is where it crosses the y-axis. Let's think about a line that crosses the x-axis.
See image for work and answer
Answer to question is D. 3:27
Given that the quantity demanded for a certain brand of portable CD players is 200 units when the unit price is set at $90.
If we set quantity=y and price=x then in point form, we can write above information as (90,200)
Similarly "The quantity demanded for 1,200 units when the unit price is set at $40. " can be written as (40,1200)
Now we can plug both points into two point formula to find the required equation:

plug those points



y-1200=-20(x-40)
y-1200=-20x+800
y=-20x+2000
Hence demand equation is y=-20x+2000