Page I of 3 Date: Making a Profit At Elsenhower High School's home games, booster clubs willl often hold raffles to raise money for the for special causes. The Girls' Basketball Team had a gift basket...

Extracted text: Page I of 3 Date: Making a Profit At Elsenhower High School's home games, booster clubs willl often hold raffles to raise money for the for special causes. The Girls' Basketball Team had a gift basket filled with movie items to be Tamed off at the Coaches Versus Cancer night. The girls decided to charge $2 a raffle ticket. The gift basket contained: 4 tickets which cost $10.25 each, 12 boxes of candy which cost $2.50 each, a box of popcorn which costs $12, and 4 pairs of 3-D glasses which cost $4.25 each. Revenue is the amount of money the girls' basketball team brings in - its income. In this case, revenue is a function of number of tickets sold. Let x be the number of tickets sold. What is the revenue function? a. Revenue = f(x) = Cost is how much money the girls' basketball team spent. In this situation, cost is a constant function. What is the cost function? [Hint: The cost function equals the expenses.] b. Cost = Profit = Revenue – Cost. What is the profit function? (Use the letter y for profit.) TI с. dre Profit = y = In An bo Am d. What is the y-intercept of the profit function? Include units. Ada rich diffic purs What is the slope of the profit function? Include units. Remember: slope is a rate of change. e. ccoi was eir a ers CT Algebra I Model Curriculum Version 3.0 Activity 4.4.4