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 are the expenses of the fundraiser?

Question

David Schmitt

Mathematics

5 March, 04:48

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 are the expenses of the fundraiser?

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Wolf · Answer 1

Answer: The expenses of the fundraiser is $1500

Step-by-step explanation:

P (n) models the fundraiser's profit (in dollars) where n represents the number of tickets that are sold. The equation is expressed as

P (n) = 70n - 1500

A negative profit means the expenses exceeded the income from tickets. Looking at the model, for the charity organization to make profits, the product of the number of tickets sold and the cost per ticket must exceed $1500. If it is below $1500, then it is a negative profit. This means that the expenses is $1500