The Proceeds from an Event Depend on the Number of People

question 117

Essay

The proceeds from an event depend on the number of people who attend.
(a)Write a function p(n)for the proceeds if each ticket costs $8.00 and the number of tickets sold is n.
(b)What is the domain of this function out of context?
(c)What is the domain of this function in the given context?
(d)Find p(c),p(c + 5),and p(c + 25).
(e)What happens to the proceeds when the number who attend increases by a constant m? Describe using an equation.

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Definitions:

Black Markets

Markets that operate outside of the official economic system, often trading in illegal goods or services or circumventing government restrictions.

Disputes

Conflicts or disagreements that arise over differences in views, interests, or claims, often requiring negotiation or legal action to resolve.

Violence

The use of physical force to harm someone, to damage property, or to impose dominance in any context.

Private Property Rights

Legal rights that grant individuals or entities the ability to own, use, and control personal or real property.