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Task 1 Modelling a real world situation You have been asked to sell tickets to...

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Basic Math

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Task 1 Modelling a real world situation You have been asked to sell tickets to a charity event You know that as the price of the ticket increases there will be less people who are able to attend Your task is to come up with the equation which would best model the ticket price in compared to the revenue Let x represent the price of the ticket and y represent the revenue in you would be able to raise for charity Unit Price 5 Profit 11250 10 12000 15 12250 20 12000 25 11250 30 10000 35 8250 6000 3250 40 45 a Copy the table and graph the points you see and include the line of the best fit You may use the graphing software to help you have to adjust this after you have completed task 2

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