A company produces and sells solar panels for $520. The company's daily profit, P(x), can be modeled by the function P(x) = −6x2 + 156x + 1,000, where x is the number of $5 price increases for each solar panel. Use the graph to answer the questions.
Graph of function p of x equals negative 6 x squared plus 156 x plus 1,000. The graph has the x-axis labeled as number of price increases, and the y-axis labeled as profit. The curve begins at (0, 1000), increases to the vertex at about (13, 2014), and decreases through about (31, 0).
Part A: Identify the approximate value of the y-intercept. Explain what the y-intercept means in terms of the problem scenario. (3 points)
