Acharity organization had a fundraiser where each ticket was sold for a fixed price. they had to sell a few tickets just to cover necessary production costs of $1200\$1200 $1200 dollar sign, 1200 . after selling 200200 200 200 tickets, they had a net profit of $12,000\$12{,}000 $12,000 dollar sign, 12, comma, 000 . let p(n)p(n) p(n) p, left parenthesis, n, right parenthesis denote the net profit from the fundraiser pp p p (measured in dollars) as a function of the number of tickets sold nn n n . write the function's formula

Step-by-step explanation:

Let x be the revenue collected from selling each ticket.

We have been given that a charity organisation had to sell a few tickets just to cover necessary production costs of $1200. After selling 200 tickets, they had a net profit of $12,000.

Since we know that net profit is the difference between total revenue and total cost.

We can represent our given information in an equation to find the revenue collected from each ticket:

Let us solve for x by adding 1200 to both sides of equation.

Therefore, the revenue collected from selling each ticket is $66.

Now let us write the net profit, P(n), from fundraiser as the function of number of tickets sold,n.

The revenue from selling n tickets will be 66n.

Production costs = 1200

Therefore, our desired function will be: .

people went from manufacturing one object at a time by hand to manufacturing many objects in factories