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To determine the profit function [tex]\( P \)[/tex] for the basketball team's wreath sales, we follow these steps:
1. Identify the Cost Function [tex]\( C \)[/tex]:
The overhead to make the wreaths is [tex]$150$[/tex] plus [tex]$10$[/tex] per wreath. This can be described by the cost function:
[tex]\[ C = 150 + 10n \][/tex]
where [tex]\( n \)[/tex] is the number of wreaths produced.
2. Identify the Revenue Function [tex]\( R \)[/tex]:
The revenue from selling the wreaths is $20 per wreath, described by the revenue function:
[tex]\[ R = 20n \][/tex]
where [tex]\( n \)[/tex] is again the number of wreaths sold.
3. Write the Profit Function [tex]\( P \)[/tex]:
Profit is defined as the difference between revenue and cost:
[tex]\[ P = R - C \][/tex]
Substituting the given expressions for [tex]\( R \)[/tex] and [tex]\( C \)[/tex]:
[tex]\[ P = 20n - (150 + 10n) \][/tex]
4. Simplify the Expression:
Distribute the negative sign through the parentheses:
[tex]\[ P = 20n - 150 - 10n \][/tex]
Combine like terms:
[tex]\[ P = (20n - 10n) - 150 \][/tex]
[tex]\[ P = 10n - 150 \][/tex]
Therefore, the profit function [tex]\( P \)[/tex] for the basketball team's wreath sales is:
[tex]\[ P = 10n - 150 \][/tex]
So, the correct answer from the given options is:
[tex]\[ \boxed{P = 10n - 150} \][/tex]
1. Identify the Cost Function [tex]\( C \)[/tex]:
The overhead to make the wreaths is [tex]$150$[/tex] plus [tex]$10$[/tex] per wreath. This can be described by the cost function:
[tex]\[ C = 150 + 10n \][/tex]
where [tex]\( n \)[/tex] is the number of wreaths produced.
2. Identify the Revenue Function [tex]\( R \)[/tex]:
The revenue from selling the wreaths is $20 per wreath, described by the revenue function:
[tex]\[ R = 20n \][/tex]
where [tex]\( n \)[/tex] is again the number of wreaths sold.
3. Write the Profit Function [tex]\( P \)[/tex]:
Profit is defined as the difference between revenue and cost:
[tex]\[ P = R - C \][/tex]
Substituting the given expressions for [tex]\( R \)[/tex] and [tex]\( C \)[/tex]:
[tex]\[ P = 20n - (150 + 10n) \][/tex]
4. Simplify the Expression:
Distribute the negative sign through the parentheses:
[tex]\[ P = 20n - 150 - 10n \][/tex]
Combine like terms:
[tex]\[ P = (20n - 10n) - 150 \][/tex]
[tex]\[ P = 10n - 150 \][/tex]
Therefore, the profit function [tex]\( P \)[/tex] for the basketball team's wreath sales is:
[tex]\[ P = 10n - 150 \][/tex]
So, the correct answer from the given options is:
[tex]\[ \boxed{P = 10n - 150} \][/tex]
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