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17 October, 06:32

P (n) models the fundraiser's profit (in dollars) if n tickets are sold. A negative profit means the expenses exceeded the income from tickets.

P (n) = 70n-1500

what is the price of a single ticket

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  1. 17 October, 06:38
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    P (n) = 70n - 1500 ... let me break this down for you

    profit = revenue - expenses

    so the revenue, what is made from selling tickets ... 70n ... where n represents the number of tickets ... the 70 represents the cost of each ticket.

    the 1500 is the expenses. So for them to make a profit, they would have to sell more then $ 1500 worth of tickets.

    the price of a single ticket is $ 70 <==
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