Krappenschitz
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A charity organization is having a fundraiser. 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?

Respuesta :

meerkat18

We can figure out the answer by recalling that:

Profit = Income – Cost

We are given the equation: P(n) = 70n – 1500

Where:

P(n) = Profit

70n = Income

1500 = Cost

Since n is equals to the number of tickets sold, therefore 70 must be the price per ticket.

Answer: $70

Using linear function concepts, it is found that the price of a single ticket is of $70.

What is a linear function?

A linear function is modeled by:

[tex]y = mx + b[/tex]

In which:

  • m is the slope, which is the rate of change, that is, by how much y changes when x changes by 1.
  • b is the y-intercept, which is the value of y when x = 0.

In this problem, the linear function for the profit is given by:

P(n) = 70n - 1500.

Considering the slope, the price of a single ticket is of $70.

More can be learned about linear function concepts at https://brainly.com/question/24808124