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We want to create and study afunctionthatmodelsthe given situation.We will find that the correct option is:"The values of both x and y will be real numbers greater than or equal to 0."The information that we have is:Peaches are being sold for $2 per lb.Then if we define x as the number of pounds that you buy, and y as the cost of these peaches, we can write thefunction:y = $2*xNow we want to see whichstatementdescribes the values of x and y.Let's analyze eachstatement:1) "The values of both x and y can be any real number."False, a real number is -3, and you can't buy a negative number of peaches.2) "The values of both x and y will be real numbers greater than or equal to 0."Here we removed the above problem, so this works fine.3) "The value of x and y will always be zero"No, you can buy 2 pounds of peaches and you will pay:y = $2*2 = $4So neither x nor y need to be zero.4) The value of x can be any real number greater than or equal to 0, but the value of y must be an integer greater than or equal to 0.Here we do not have problems, but there are some cases where thecostcould be a fraction, like if you buy 0.25 lb of peaches:y = $2*0.25 = $0.5So the cost does not need to be an integer.Finally, we can see that the correct option is:"The values of both x and y will be real numbers greater than or equal to 0."If you want to learn more, you can read:brainly.com/question/16875632...