A school is raising funds by selling t-shirts, there is a $150 fee, plus each shirt...
A school is raising funds by selling t-shirts, there is a $150 fee, plus each shirt cost$5.They will sell the shirts for $12 to raise the money. Did I do this question correctly? y=(150+5)-12
Homework Answers
Fees are $150 + $5 per shirt
so if t=number of shirts
fees=5t+150
that is a minus from their profits
they sell it for 12 dollars per shirt
so
cos t= fees = 5t+150
money made=12t
money made-cost = profit = 12t-(5t+150) = 12t-5t-150 = 7t-150
p(t) = 7t-150
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demand.
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