You are hosting a convention for a charitable organization. You pay a rental fee of $21,900 for the convention center, plus you pay the caterer $14 for each person who attends the convention. Suppose you just want to break even. (a) Create a formula to express the amount you should charge per ticket as a function of the number of people attending. Formula Hint: Cost of ticket = A/n + B, where n is the number of people and A & B are constants. Select the correct graph of your formula for ticket cost.
You are hosting a convention for a charitable organization. You pay a rental fee of $21,900 for the convention center, plus you pay the caterer $14 for each person who attends the convention. Suppose you just want to break even. (a) Create a formula to express the amount you should charge per ticket as a function of the number of people attending. Formula Hint: Cost of ticket = A/n + B, where n is the number of people and A & B are constants. Select the correct graph of your formula for ticket cost.
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.3: Solving Linear Equations
Problem 1E
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You are hosting a convention for a charitable organization. You pay a rental fee of $21,900 for the convention center, plus you pay the caterer $14 for each person who attends the convention. Suppose you just want to break even.
(a) Create a formula to express the amount you should charge per ticket as a function of the number of people attending.
Formula Hint: Cost of ticket = A/n + B, where n is the number of people and A & B are constants.
Select the correct graph of your formula for ticket cost.
Formula Hint: Cost of ticket = A/n + B, where n is the number of people and A & B are constants.
Select the correct graph of your formula for ticket cost.
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