Final answer:
To model the profit in a dancing club, we can write an equation Profit = 14x, where x represents the number of people joining the club. By solving the equation, we can determine how many people need to join to make a certain amount of profit.
Step-by-step explanation:
Equation for the profit
To model the profit in this situation, we need to consider the monthly fee and operating cost. Let's assume the number of people joining the dancing club is x. The equation for the profit can be expressed as:
Profit = Monthly Fee - Operating Cost
Profit = 24x - 10x
Profit = 14x
Graph
To graph the equation, we can plot the profit (y-axis) against the number of people (x-axis) on a coordinate plane. The slope of the line will be 14, indicating that the profit increases by $14 for each person who joins the club.
Number of People (x) Profit (y)
0 0
1 14
2 28
3 42
...
To find out how many people need to join in order to make $5000, we can solve the equation:
Profit = 14x
5000 = 14x
x = 5000/14
x ≈ 357.14
Therefore, approximately 357 people would need to join the dancing club to make $5000.