Chen Fleming
07/07/2023 · Senior High School
0 A function centre hosts events for up to 1500 people. The cost C, in dollars, for the centre to host an event, where \( x \) people attend, is given by: \[ C=30000+40 x \] The centre charges \( \$ 190 \) per person. Its income I, in dollars, is given by: \[ I=190 x \]
Upstudy ThothAI Solution
Tutor-Verified Answer
Quick Answer
The profit function is \( P = 150x - 30000 \). The break-even point is 200 attendees. At full capacity (1500 attendees), the profit is $195,000.
Step-by-step Solution
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit