Answer:
Answer:
P(t) = 10t - 400
Step-by-step explanation:
Selling price of each ticket = $10
Cost of setting up the dance= $400
Profit = Revenue - cost
Revenue = price × quantity
Revenue that will maximize profit = 10t
where t= quantity of tickets that maximises profits
Cost = $400
Profit(t) = Revenue - cost
P(t)= 10t - 400
Step-by-step explanation:
Hope this helps, have a great day!