The graph representing the situation is C. Graph M.
The selling price per unit of caps = $5.00
The selling price per unit of T-shirts = $10.00
Let the number of caps = x
Let the number of T-shirts = y
Therefore, the total amount raised can be represented by the equation:
5x + 10y ≥ 500
Graphing this inequality, the best combination of x and y that satisfies the situation is Graph M, where:
x = 40 and y = 30
Therefore,
5(40) + 10(30) ≥ 500
200 + 300 ≥ 500
Thus, Option C is the correct graph that models the situation.