Raymond B. answered 04/22/23
Math, microeconomics or criminal justice
4000= 115p + r
$4,000 cost = 115 times cost per person + hall rent
C(p) = 115p + r where 115 = slope and r = the y intercept
p = cost per person, r = hall rent
p measured on the x axis
C(p) measured on the y axis
(0,r) is the y intercept, where the line intersects the y axis
if for example r = $540= hall rent
then p = $30 per person
4000= 115(30) +540 = 3450+540= 4000
in general
p = (4000-r)/115
or
r = 4000-115p